Adjusted savings: gross savings in OECD members
OECD members: Adjusted savings: gross savings was 22.8% in 2021. ▬ Flat
Adjusted savings: gross savings in OECD members, 1971–2021
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 OECD members is 22.8%, measured in 2021.
That represents a change of up 1.1% on the previous year and up 9.0% over ten years.
Over the whole period, adjusted savings: gross savings in OECD members peaked at 24.1% in 1997 and was at its lowest, 19.3%, in 2009.
That places OECD members 33rd out of 46 groups with data for 2021, putting it in the middle of the range.
Adjusted savings: gross savings in OECD members, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1971 | 22.7% | — |
| 1972 | 22.8% | +0.5% |
| 1973 | 24.0% | +5.2% |
| 1974 | 23.1% | -3.7% |
| 1975 | 21.8% | -5.5% |
| 1976 | 22.3% | +2.2% |
| 1977 | 22.5% | +0.8% |
| 1978 | 23.2% | +3.3% |
| 1979 | 23.3% | +0.2% |
| 1980 | 22.2% | -4.6% |
| 1981 | 22.1% | -0.5% |
| 1982 | 21.0% | -4.7% |
| 1983 | 20.5% | -2.8% |
| 1984 | 21.8% | +6.7% |
| 1985 | 21.1% | -3.1% |
| 1986 | 20.6% | -2.5% |
| 1987 | 20.9% | +1.2% |
| 1988 | 21.7% | +3.9% |
| 1989 | 21.6% | -0.5% |
| 1990 | 21.1% | -2.0% |
| 1991 | 20.6% | -2.7% |
| 1992 | 19.7% | -4.4% |
| 1993 | 19.4% | -1.5% |
| 1994 | 20.1% | +3.9% |
| 1995 | 21.3% | +6.0% |
| 1996 | 23.9% | +11.8% |
| 1997 | 24.1% | +0.9% |
| 1998 | 23.9% | -0.6% |
| 1999 | 23.4% | -2.1% |
| 2000 | 23.5% | +0.4% |
| 2001 | 22.5% | -4.5% |
| 2002 | 21.6% | -3.8% |
| 2003 | 21.3% | -1.4% |
| 2004 | 21.9% | +2.9% |
| 2005 | 22.1% | +1.0% |
| 2006 | 22.7% | +2.6% |
| 2007 | 22.4% | -1.2% |
| 2008 | 21.2% | -5.6% |
| 2009 | 19.3% | -9.0% |
| 2010 | 20.3% | +5.4% |
| 2011 | 21.0% | +3.1% |
| 2012 | 21.4% | +2.0% |
| 2013 | 21.5% | +0.6% |
| 2014 | 22.1% | +2.8% |
| 2015 | 22.4% | +1.5% |
| 2016 | 22.2% | -1.1% |
| 2017 | 22.8% | +2.7% |
| 2018 | 22.9% | +0.5% |
| 2019 | 23.0% | +0.3% |
| 2020 | 22.6% | -1.7% |
| 2021 | 22.8% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.8% | 21.8% | 24.0% | 9 |
| 1980s | 21.4% | 20.5% | 22.2% | 10 |
| 1990s | 21.7% | 19.4% | 24.1% | 10 |
| 2000s | 21.9% | 19.3% | 23.5% | 10 |
| 2010s | 22.0% | 20.3% | 23.0% | 10 |
| 2020s | 22.7% | 22.6% | 22.8% | 2 |
Countries ranked near OECD members
- 30 Sri Lanka 33.1% compare
- 31 Cape Verde 33.0% compare
- 32 Luxembourg 32.8% compare
- 33 Nepal 32.5% compare
- 34 Kiribati 31.7% compare
- 35 Macau, China 31.4% compare
- 36 Malta 31.2% compare
More economy & growth data for OECD members
- Industry (including construction), value added 12.98 trillion current US$ (2022)
- Trade 56.9% (2024)
- Services, value added (current US$), annual growth rate 10.69 % change on previous year (2021)
- Agriculture, forestry, and fishing, value added 731.26 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Services, value added (current US$), per unit of GDP 0.6982 current US$ per US$ of GDP (2021)
- Manufacturing, value added 7.62 trillion constant 2015 US$ (2024)
- Services, value added (current US$), per capita 30,368 current US$ per person (2021)
- Services, value added 41.66 trillion current US$ (2021)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.37 % change on previous year (2021)
Frequently asked questions
- What is adjusted savings: gross savings in OECD members?
- Adjusted savings: gross savings in OECD members was 22.8% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in OECD members?
- The highest recorded value was 24.1% in 1997.
- What is the lowest adjusted savings: gross savings recorded in OECD members?
- The lowest recorded value was 19.3% in 2009.
- How does OECD members rank for adjusted savings: gross savings?
- OECD members ranks 33rd out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in OECD members?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is flat.
- Where does this OECD members 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.