India vs Republic of Korea: Gross savings
Gross savings over time
- India
- Republic of Korea
How they compare
India currently reports 35.1% against 35.0% in Republic of Korea, a difference of 0.1%.
The two have swapped places 3 times across 50 shared years of data; in 1976 it was Republic of Korea ahead.
India ranks 25th and Republic of Korea ranks 26th of 178 countries.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 15.6% | 29.3% | 13.8% | Republic of Korea |
| 1980s | 16.6% | 33.5% | 16.9% | Republic of Korea |
| 1990s | 25.2% | 37.9% | 12.7% | Republic of Korea |
| 2000s | 32.6% | 33.5% | 0.8% | Republic of Korea |
| 2010s | 33.5% | 34.9% | 1.4% | Republic of Korea |
| 2020s | 33.1% | 34.7% | 1.6% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, India or Republic of Korea?
- India, at 35.1% against 35.0% in Republic of Korea as of 2025.
- What is the difference in gross savings between India and Republic of Korea?
- 0.1%, with India ahead.
- How many years of comparable data are there for India and Republic of Korea?
- 50 years are reported by both, from 1976 to 2025.
- How do India and Republic of Korea rank globally for gross savings?
- India ranks 25th and Republic of Korea ranks 26th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.