Adjusted savings: net national savings in Republic of Korea
Republic of Korea: Adjusted savings: net national savings 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 176 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 Republic of Korea, 1976–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: net national savings in Republic of Korea is 284.55 billion current US$, 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 Republic of Korea peaked at 300.59 billion current US$ in 2017 and was at its lowest, 5.36 billion current US$, in 1976.
Republic of Korea ranks 5th of 176 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Republic of Korea, year by year
| Year | current US$ | 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% |
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 Republic of Korea
More economy & growth data for Republic of Korea
- Gross domestic savings (current US$), annual growth rate 0.7232 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3433 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,437 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.09 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 488.33 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 17.69 million current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 2.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 37,884 current US$ per person (2025)
- GNI (current US$), annual growth rate 0.1093 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Republic of Korea?
- Adjusted savings: net national savings in Republic of Korea was 284.55 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Republic of Korea?
- The highest recorded value was 300.59 billion current US$ in 2017.
- What is the lowest adjusted savings: net national savings recorded in Republic of Korea?
- The lowest recorded value was 5.36 billion current US$ in 1976.
- How does Republic of Korea rank for adjusted savings: net national savings?
- Republic of Korea ranks 5th out of 176 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Republic of Korea?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this Republic of 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.