Adjusted savings: gross savings in India
India: Adjusted savings: gross savings was 30.7% in 2021. ▲ Rising
Adjusted savings: gross savings in India, 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 India is 30.7%, measured in 2021.
That represents a change of up 6.1% on the previous year and down 13.4% over ten years.
Over the whole period, adjusted savings: gross savings in India peaked at 37.2% in 2007 and was at its lowest, 13.1%, in 1975.
That places India 44th out of 178 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Adjusted savings: gross savings in India, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 13.1% | — |
| 1976 | 16.0% | +21.8% |
| 1977 | 15.4% | -3.5% |
| 1978 | 15.1% | -2.3% |
| 1979 | 15.7% | +4.4% |
| 1980 | 14.5% | -8.0% |
| 1981 | 15.8% | +9.1% |
| 1982 | 15.9% | +0.3% |
| 1983 | 15.4% | -2.8% |
| 1984 | 15.9% | +3.0% |
| 1985 | 16.9% | +6.3% |
| 1986 | 15.9% | -6.0% |
| 1987 | 17.1% | +7.7% |
| 1988 | 18.3% | +7.3% |
| 1989 | 20.4% | +11.1% |
| 1990 | 21.5% | +5.5% |
| 1991 | 22.1% | +2.8% |
| 1992 | 23.6% | +6.8% |
| 1993 | 24.4% | +3.4% |
| 1994 | 26.3% | +7.6% |
| 1995 | 27.3% | +3.8% |
| 1996 | 27.3% | +0.1% |
| 1997 | 27.8% | +1.8% |
| 1998 | 26.1% | -6.0% |
| 1999 | 25.8% | -1.0% |
| 2000 | 26.4% | +2.2% |
| 2001 | 26.5% | +0.3% |
| 2002 | 28.3% | +6.8% |
| 2003 | 30.7% | +8.5% |
| 2004 | 33.6% | +9.3% |
| 2005 | 34.7% | +3.3% |
| 2006 | 36.6% | +5.7% |
| 2007 | 37.2% | +1.4% |
| 2008 | 36.5% | -1.9% |
| 2009 | 35.8% | -1.8% |
| 2010 | 36.7% | +2.4% |
| 2011 | 35.4% | -3.4% |
| 2012 | 35.7% | +0.7% |
| 2013 | 34.7% | -2.6% |
| 2014 | 33.9% | -2.5% |
| 2015 | 32.8% | -3.0% |
| 2016 | 31.5% | -4.1% |
| 2017 | 32.1% | +1.8% |
| 2018 | 31.8% | -0.9% |
| 2019 | 30.0% | -5.6% |
| 2020 | 28.9% | -3.5% |
| 2021 | 30.7% | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.1% | 13.1% | 16.0% | 5 |
| 1980s | 16.6% | 14.5% | 20.4% | 10 |
| 1990s | 25.2% | 21.5% | 27.8% | 10 |
| 2000s | 32.6% | 26.4% | 37.2% | 10 |
| 2010s | 33.5% | 30.0% | 36.7% | 10 |
| 2020s | 29.8% | 28.9% | 30.7% | 2 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.4 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2004 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 541.44 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -2.45 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -5.78 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 0.3362 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 14.18 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 38,313 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: gross savings in India?
- Adjusted savings: gross savings in India was 30.7% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in India?
- The highest recorded value was 37.2% in 2007.
- What is the lowest adjusted savings: gross savings recorded in India?
- The lowest recorded value was 13.1% in 1975.
- How does India rank for adjusted savings: gross savings?
- India ranks 44th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in India?
- Over the last ten years it is down 13.4%. The long-run trend across the full record is rising.
- Where does this India 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.