Adjusted savings: gross savings in European Union
European Union: Adjusted savings: gross savings was 26.2% in 2021. ▲ Rising
Adjusted savings: gross savings in European Union, 1975–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in European Union is 26.2%, measured in 2021. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 5.4% on the previous year and up 17.0% over ten years.
Over the whole period, adjusted savings: gross savings in European Union peaked at 26.2% in 2021 and was at its lowest, 20.3%, in 1982.
European Union ranks 23rd of 46 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Adjusted savings: gross savings in European Union, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 23.3% | — |
| 1976 | 23.3% | +0.1% |
| 1977 | 22.9% | -1.7% |
| 1978 | 23.3% | +1.6% |
| 1979 | 23.1% | -0.8% |
| 1980 | 22.2% | -3.7% |
| 1981 | 20.7% | -7.1% |
| 1982 | 20.3% | -1.6% |
| 1983 | 20.7% | +1.6% |
| 1984 | 21.3% | +3.2% |
| 1985 | 21.4% | +0.4% |
| 1986 | 22.3% | +4.0% |
| 1987 | 21.9% | -1.5% |
| 1988 | 22.9% | +4.3% |
| 1989 | 23.2% | +1.6% |
| 1990 | 23.4% | +0.6% |
| 1991 | 22.5% | -3.5% |
| 1992 | 21.8% | -3.2% |
| 1993 | 21.4% | -2.1% |
| 1994 | 21.8% | +1.8% |
| 1995 | 22.8% | +4.9% |
| 1996 | 22.5% | -1.3% |
| 1997 | 23.0% | +2.2% |
| 1998 | 23.3% | +1.3% |
| 1999 | 23.1% | -1.0% |
| 2000 | 23.0% | -0.4% |
| 2001 | 23.0% | -0.2% |
| 2002 | 22.8% | -0.8% |
| 2003 | 22.3% | -1.9% |
| 2004 | 23.1% | +3.2% |
| 2005 | 23.1% | +0.0% |
| 2006 | 23.8% | +3.0% |
| 2007 | 24.4% | +2.8% |
| 2008 | 23.3% | -4.4% |
| 2009 | 21.0% | -10.0% |
| 2010 | 21.6% | +2.9% |
| 2011 | 22.4% | +3.6% |
| 2012 | 22.1% | -1.2% |
| 2013 | 22.4% | +1.3% |
| 2014 | 23.1% | +3.0% |
| 2015 | 23.9% | +3.6% |
| 2016 | 24.3% | +1.5% |
| 2017 | 24.8% | +2.3% |
| 2018 | 25.2% | +1.4% |
| 2019 | 25.5% | +1.2% |
| 2020 | 24.9% | -2.5% |
| 2021 | 26.2% | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.2% | 22.9% | 23.3% | 5 |
| 1980s | 21.7% | 20.3% | 23.2% | 10 |
| 1990s | 22.6% | 21.4% | 23.4% | 10 |
| 2000s | 23.0% | 21.0% | 24.4% | 10 |
| 2010s | 23.5% | 21.6% | 25.5% | 10 |
| 2020s | 25.5% | 24.9% | 26.2% | 2 |
Countries ranked near European Union
- 20 Nigeria 35.2% compare
- 21 Jamaica 34.9% compare
- 22 Tanzania, United Republic of 34.7% compare
- 23 Viet Nam 34.4% compare
- 24 Bangladesh 34.2% compare
- 25 Indonesia 34.0% compare
- 26 Papua New Guinea 33.6% compare
More economy & growth data for European Union
- Gross national expenditure (constant 2015 US$), annual growth rate 2.12 % change on previous year (2025)
- Exports of goods and services (current US$), per capita 23,360 current US$ per person (2025)
- Exports of goods and services (current US$), per unit of GDP 0.4961 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 7.29 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 33,955 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7211 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 9.47 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.5591 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 26,328 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in European Union?
- Adjusted savings: gross savings in European Union was 26.2% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in European Union?
- The highest recorded value was 26.2% in 2021.
- What is the lowest adjusted savings: gross savings recorded in European Union?
- The lowest recorded value was 20.3% in 1982.
- How does European Union rank for adjusted savings: gross savings?
- European Union ranks 23rd out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in European Union?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
- Where does this European Union data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current 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.