Adjusted savings: net national savings in China
China: Adjusted savings: net national savings was 18.8% in 2021. ▼ Falling
Adjusted savings: net national savings in China, 1982–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
China recorded 18.8% for adjusted savings: net national savings in 2021.
That represents a change of up 7.3% on the previous year and down 35.0% over ten years.
Over the whole period, adjusted savings: net national savings in China peaked at 34.6% in 2008 and was at its lowest, 17.5%, in 2020.
That places China 41st out of 177 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Adjusted savings: net national savings in China, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1982 | 22.9% | — |
| 1983 | 22.3% | -2.6% |
| 1984 | 24.6% | +10.0% |
| 1985 | 25.9% | +5.4% |
| 1986 | 25.3% | -2.4% |
| 1987 | 27.3% | +8.1% |
| 1988 | 29.0% | +6.2% |
| 1989 | 26.5% | -8.8% |
| 1990 | 26.8% | +1.4% |
| 1991 | 28.5% | +6.2% |
| 1992 | 31.2% | +9.5% |
| 1993 | 31.3% | +0.2% |
| 1994 | 30.7% | -2.0% |
| 1995 | 28.7% | -6.5% |
| 1996 | 27.5% | -4.1% |
| 1997 | 27.8% | +1.1% |
| 1998 | 25.6% | -8.1% |
| 1999 | 23.2% | -9.2% |
| 2000 | 22.2% | -4.2% |
| 2001 | 23.9% | +7.5% |
| 2002 | 25.4% | +6.5% |
| 2003 | 28.6% | +12.5% |
| 2004 | 31.5% | +10.0% |
| 2005 | 31.6% | +0.4% |
| 2006 | 33.1% | +4.8% |
| 2007 | 34.4% | +3.9% |
| 2008 | 34.6% | +0.7% |
| 2009 | 32.3% | -6.8% |
| 2010 | 32.4% | +0.5% |
| 2011 | 28.9% | -10.8% |
| 2012 | 27.1% | -6.1% |
| 2013 | 24.9% | -8.4% |
| 2014 | 24.2% | -2.6% |
| 2015 | 21.7% | -10.4% |
| 2016 | 20.7% | -4.8% |
| 2017 | 21.3% | +3.1% |
| 2018 | 19.9% | -6.8% |
| 2019 | 18.5% | -7.0% |
| 2020 | 17.5% | -5.3% |
| 2021 | 18.8% | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.5% | 22.3% | 29.0% | 8 |
| 1990s | 28.1% | 23.2% | 31.3% | 10 |
| 2000s | 29.8% | 22.2% | 34.6% | 10 |
| 2010s | 24.0% | 18.5% | 32.4% | 10 |
| 2020s | 18.1% | 17.5% | 18.8% | 2 |
Countries ranked near China
More economy & growth data for China
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.46 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.31 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 7.19 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 1.51 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 21,001 current LCU per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 0.4804 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3965 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 5,271 current US$ per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 2.85 current LCU per US$ of GDP (2024)
- Gross fixed capital formation (current LCU), per capita 37,938 current LCU per person (2024)
Frequently asked questions
- What is adjusted savings: net national savings in China?
- Adjusted savings: net national savings in China was 18.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in China?
- The highest recorded value was 34.6% in 2008.
- What is the lowest adjusted savings: net national savings recorded in China?
- The lowest recorded value was 17.5% in 2020.
- How does China rank for adjusted savings: net national savings?
- China ranks 41st out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in China?
- Over the last ten years it is down 35.0%. The long-run trend across the full record is falling.
- Where does this China data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.