Adjusted savings: gross savings in Korea
Korea: Adjusted savings: gross savings was 662.62 billion current US$ in 2021. ◆ Volatile
Adjusted savings: gross savings in Korea, 1976–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
In 2021, adjusted savings: gross savings in Korea stood at 662.62 billion current US$. That is the highest value across all 46 years on record.
The figure is up 11.2% on the previous year and up 52.5% over ten years.
Over the whole period, adjusted savings: gross savings in Korea peaked at 662.62 billion current US$ in 2021 and was at its lowest, 7.64 billion current US$, in 1976.
That places Korea 7th out of 177 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.89 billion current US$ | 7.64 billion current US$ | 20.52 billion current US$ | 4 |
| 1980s | 42.28 billion current US$ | 16.42 billion current US$ | 95.61 billion current US$ | 10 |
| 1990s | 165.91 billion current US$ | 110.59 billion current US$ | 219.45 billion current US$ | 10 |
| 2000s | 279.81 billion current US$ | 174.91 billion current US$ | 392.28 billion current US$ | 10 |
| 2010s | 515.41 billion current US$ | 400.93 billion current US$ | 618.44 billion current US$ | 10 |
| 2020s | 629.16 billion current US$ | 595.71 billion current US$ | 662.62 billion current US$ | 2 |
Countries ranked near Korea
More economy & growth data for Korea
- Taxes less subsidies on products (current US$), annual growth rate -2.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0698 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,528 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 1.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 99.26 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3.60 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,965 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1,435 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0007 (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Korea?
- Adjusted savings: gross savings in Korea was 662.62 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Korea?
- The highest recorded value was 662.62 billion current US$ in 2021.
- What is the lowest adjusted savings: gross savings recorded in Korea?
- The lowest recorded value was 7.64 billion current US$ in 1976.
- How does Korea rank for adjusted savings: gross savings?
- Korea ranks 7th out of 177 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Korea?
- Over the last ten years it is up 52.5%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.