Republic of Korea vs OECD members: Gross savings
Gross savings over time
- Republic of Korea
- OECD members
How they compare
Republic of Korea currently reports 35.0% against 21.6% in OECD members, a difference of 13.4%.
That makes Republic of Korea's figure about 1.6 times OECD members's.
Across all 46 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 26th and OECD members ranks 31st of 178 countries.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Republic of Korea | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 29.3% | 23.2% | 6.1% | Republic of Korea |
| 1980s | 33.5% | 21.8% | 11.7% | Republic of Korea |
| 1990s | 37.8% | 22.6% | 15.1% | Republic of Korea |
| 2000s | 33.5% | 22.0% | 11.5% | Republic of Korea |
| 2010s | 34.9% | 21.9% | 13.0% | Republic of Korea |
| 2020s | 34.6% | 22.3% | 12.3% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Republic of Korea or OECD members?
- Republic of Korea, at 35.0% against 21.6% in OECD members as of 2025.
- What is the difference in gross savings between Republic of Korea and OECD members?
- 13.4%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and OECD members?
- 46 years are reported by both, from 1976 to 2024.
- How do Republic of Korea and OECD members rank globally for gross savings?
- Republic of Korea ranks 26th and OECD members ranks 31st 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.
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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.