Adjusted savings: net national savings (current US$) in South Korea
South Korea: Adjusted savings: net national savings (current US$) was 284.55 billion current US$ in 2021. ◆ Volatile
Latest (2021)
284.55 billion current US$
Change on year
up 10.7%
World rank
5th
of 177 countries
All-time high
300.59 billion current US$
in 2017
All-time low
5.36 billion current US$
in 1976
Years of data
46
1976–2021
Adjusted savings: net national savings in South Korea, 1976–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: net national savings in South Korea is 284.55 billion current US$, measured in 2021.
That represents a change of up 10.7% on the previous year and up 41.0% over ten years.
Over the whole period, adjusted savings: net national savings in South Korea peaked at 300.59 billion current US$ in 2017 and was at its lowest, 5.36 billion current US$, in 1976.
South Korea ranks 5th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings (current US$) in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 5.36 billion current US$ | — |
| 1977 | 7.95 billion current US$ | +48.2% |
| 1978 | 12.46 billion current US$ | +56.8% |
| 1979 | 15.03 billion current US$ | +20.6% |
| 1980 | 10.14 billion current US$ | -32.5% |
| 1981 | 10.77 billion current US$ | +6.2% |
| 1982 | 12.46 billion current US$ | +15.7% |
| 1983 | 17.05 billion current US$ | +36.9% |
| 1984 | 21.23 billion current US$ | +24.5% |
| 1985 | 21.61 billion current US$ | +1.8% |
| 1986 | 28.55 billion current US$ | +32.2% |
| 1987 | 41.10 billion current US$ | +44.0% |
| 1988 | 59.28 billion current US$ | +44.2% |
| 1989 | 66.19 billion current US$ | +11.7% |
| 1990 | 75.00 billion current US$ | +13.3% |
| 1991 | 88.94 billion current US$ | +18.6% |
| 1992 | 89.31 billion current US$ | +0.4% |
| 1993 | 97.87 billion current US$ | +9.6% |
| 1994 | 115.61 billion current US$ | +18.1% |
| 1995 | 131.68 billion current US$ | +13.9% |
| 1996 | 127.51 billion current US$ | -3.2% |
| 1997 | 114.96 billion current US$ | -9.8% |
| 1998 | 74.52 billion current US$ | -35.2% |
| 1999 | 88.97 billion current US$ | +19.4% |
| 2000 | 96.28 billion current US$ | +8.2% |
| 2001 | 80.22 billion current US$ | -16.7% |
| 2002 | 92.84 billion current US$ | +15.7% |
| 2003 | 112.70 billion current US$ | +21.4% |
| 2004 | 146.92 billion current US$ | +30.4% |
| 2005 | 156.15 billion current US$ | +6.3% |
| 2006 | 165.90 billion current US$ | +6.2% |
| 2007 | 195.29 billion current US$ | +17.7% |
| 2008 | 160.23 billion current US$ | -18.0% |
| 2009 | 136.89 billion current US$ | -14.6% |
| 2010 | 194.08 billion current US$ | +41.8% |
| 2011 | 201.84 billion current US$ | +4.0% |
| 2012 | 200.49 billion current US$ | -0.7% |
| 2013 | 218.94 billion current US$ | +9.2% |
| 2014 | 238.95 billion current US$ | +9.1% |
| 2015 | 259.02 billion current US$ | +8.4% |
| 2016 | 273.64 billion current US$ | +5.6% |
| 2017 | 300.59 billion current US$ | +9.8% |
| 2018 | 292.10 billion current US$ | -2.8% |
| 2019 | 246.78 billion current US$ | -15.5% |
| 2020 | 257.01 billion current US$ | +4.1% |
| 2021 | 284.55 billion current US$ | +10.7% |
South Korea compared with similar countries
- South Korea's 284.55 billion current US$ is above the median for high income countries, which is 9.98 billion current US$, 28.5× the median. (61 countries reporting)
- South Korea's 284.55 billion current US$ is above the median for East Asia & Pacific, which is 7.03 billion current US$, 40.4× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.20 billion current US$ | 5.36 billion current US$ | 15.03 billion current US$ | 4 |
| 1980s | 28.84 billion current US$ | 10.14 billion current US$ | 66.19 billion current US$ | 10 |
| 1990s | 100.44 billion current US$ | 74.52 billion current US$ | 131.68 billion current US$ | 10 |
| 2000s | 134.34 billion current US$ | 80.22 billion current US$ | 195.29 billion current US$ | 10 |
| 2010s | 242.65 billion current US$ | 194.08 billion current US$ | 300.59 billion current US$ | 10 |
| 2020s | 270.78 billion current US$ | 257.01 billion current US$ | 284.55 billion current US$ | 2 |
Countries ranked near South Korea
More economy & growth data for South Korea
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: net national savings in South Korea?
- Adjusted savings: net national savings in South Korea was 284.55 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in South Korea?
- The highest recorded value was 300.59 billion current US$ in 2017.
- What is the lowest adjusted savings: net national savings recorded in South Korea?
- The lowest recorded value was 5.36 billion current US$ in 1976.
- How does South Korea rank for adjusted savings: net national savings?
- South Korea ranks 5th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in South Korea?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.