Adjusted net savings, excluding particulate emission damage in Republic of Korea
Republic of Korea: Adjusted net savings, excluding particulate emission damage was 17.9% in 2021. ▼ Falling
Adjusted net savings, excluding particulate emission damage in Republic of Korea, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted net savings, excluding particulate emission damage in Republic of Korea stood at 17.9%.
Compared with earlier readings it is up 0.4% on the previous year and down 4.4% over ten years.
Over the whole period, adjusted net savings, excluding particulate emission damage in Republic of Korea peaked at 28.8% in 1991 and was at its lowest, 16.0%, in 2001.
Republic of Korea ranks 34th of 164 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Adjusted net savings, excluding particulate emission damage in Republic of Korea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 28.3% | — |
| 1991 | 28.8% | +1.5% |
| 1992 | 27.1% | -5.7% |
| 1993 | 27.0% | -0.5% |
| 1994 | 27.2% | +0.7% |
| 1995 | 25.5% | -6.3% |
| 1996 | 23.3% | -8.7% |
| 1997 | 22.2% | -4.4% |
| 1998 | 20.7% | -6.7% |
| 1999 | 19.4% | -6.3% |
| 2000 | 18.2% | -6.3% |
| 2001 | 16.0% | -12.0% |
| 2002 | 16.4% | +2.4% |
| 2003 | 18.0% | +10.0% |
| 2004 | 20.8% | +15.4% |
| 2005 | 19.0% | -8.6% |
| 2006 | 18.4% | -3.4% |
| 2007 | 19.3% | +4.9% |
| 2008 | 17.9% | -6.9% |
| 2009 | 16.9% | -5.9% |
| 2010 | 19.5% | +15.5% |
| 2011 | 18.7% | -4.2% |
| 2012 | 18.1% | -3.0% |
| 2013 | 19.0% | +4.7% |
| 2014 | 19.3% | +1.4% |
| 2015 | 20.8% | +8.0% |
| 2016 | 20.8% | +0.2% |
| 2017 | 20.6% | -0.9% |
| 2018 | 19.2% | -7.1% |
| 2019 | 17.1% | -10.8% |
| 2020 | 17.8% | +4.0% |
| 2021 | 17.9% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.9% | 19.4% | 28.8% | 10 |
| 2000s | 18.1% | 16.0% | 20.8% | 10 |
| 2010s | 19.3% | 17.1% | 20.8% | 10 |
| 2020s | 17.8% | 17.8% | 17.9% | 2 |
Countries ranked near Republic of Korea
- 31 Solomon Islands 18.7% compare
- 32 Cambodia 17.9% compare
- 33 Paraguay 17.9% compare
- 35 Costa Rica 17.0% compare
- 36 Tajikistan 17.0% compare
- 37 China 16.8% compare
More economy & growth data for Republic of Korea
- Exports of goods and services (current LCU), annual growth rate 7.46 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 650.96 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 23.58 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.22 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4777 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 17,305 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -5.81 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2833 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 10,263 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 402.98 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net savings, excluding particulate emission damage in Republic of Korea?
- Adjusted net savings, excluding particulate emission damage in Republic of Korea was 17.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net savings, excluding particulate emission damage recorded in Republic of Korea?
- The highest recorded value was 28.8% in 1991.
- What is the lowest adjusted net savings, excluding particulate emission damage recorded in Republic of Korea?
- The lowest recorded value was 16.0% in 2001.
- How does Republic of Korea rank for adjusted net savings, excluding particulate emission damage?
- Republic of Korea ranks 34th out of 164 countries with data for 2021.
- Is adjusted net savings, excluding particulate emission damage rising or falling in Republic of Korea?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net savings, excluding particulate emission damage (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage. 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.