Adjusted savings: net national savings in European Union
European Union: Adjusted savings: net national savings was 7.8% in 2021. ▼ Falling
Adjusted savings: net national savings in European Union, 1975–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
European Union recorded 7.8% for adjusted savings: net national savings in 2021.
That represents a change of up 29.5% on the previous year and up 50.1% over ten years.
Over the whole period, adjusted savings: net national savings in European Union peaked at 9.7% in 1976 and was at its lowest, 3.7%, in 2009.
European Union ranks 37th of 46 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Adjusted savings: net national savings in European Union, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 9.5% | — |
| 1976 | 9.7% | +1.8% |
| 1977 | 9.1% | -6.0% |
| 1978 | 9.6% | +4.9% |
| 1979 | 9.4% | -2.2% |
| 1980 | 7.8% | -16.4% |
| 1981 | 5.7% | -27.6% |
| 1982 | 5.1% | -10.7% |
| 1983 | 5.3% | +5.6% |
| 1984 | 6.1% | +13.3% |
| 1985 | 6.2% | +1.7% |
| 1986 | 7.3% | +17.9% |
| 1987 | 6.9% | -5.2% |
| 1988 | 8.0% | +15.5% |
| 1989 | 8.3% | +3.8% |
| 1990 | 8.1% | -1.5% |
| 1991 | 7.1% | -12.5% |
| 1992 | 6.3% | -11.6% |
| 1993 | 5.5% | -12.8% |
| 1994 | 6.1% | +10.4% |
| 1995 | 7.2% | +19.2% |
| 1996 | 6.9% | -4.0% |
| 1997 | 7.5% | +7.9% |
| 1998 | 7.9% | +5.1% |
| 1999 | 7.6% | -3.6% |
| 2000 | 7.3% | -3.3% |
| 2001 | 7.2% | -2.5% |
| 2002 | 6.8% | -5.6% |
| 2003 | 6.2% | -7.5% |
| 2004 | 7.0% | +12.6% |
| 2005 | 7.0% | -1.0% |
| 2006 | 7.8% | +11.4% |
| 2007 | 8.4% | +8.0% |
| 2008 | 6.8% | -18.3% |
| 2009 | 3.7% | -46.4% |
| 2010 | 4.4% | +20.2% |
| 2011 | 5.2% | +18.3% |
| 2012 | 4.6% | -11.0% |
| 2013 | 4.9% | +5.9% |
| 2014 | 5.7% | +15.7% |
| 2015 | 6.5% | +13.4% |
| 2016 | 6.9% | +6.8% |
| 2017 | 7.5% | +9.3% |
| 2018 | 7.8% | +4.2% |
| 2019 | 8.0% | +1.8% |
| 2020 | 6.0% | -24.3% |
| 2021 | 7.8% | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.5% | 9.1% | 9.7% | 5 |
| 1980s | 6.6% | 5.1% | 8.3% | 10 |
| 1990s | 7.0% | 5.5% | 8.1% | 10 |
| 2000s | 6.8% | 3.7% | 8.4% | 10 |
| 2010s | 6.2% | 4.4% | 8.0% | 10 |
| 2020s | 6.9% | 6.0% | 7.8% | 2 |
Countries ranked near European Union
More economy & growth data for European Union
- Exports of goods and services (current US$), per capita 23,360 current US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.67 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,514 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3932 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 164.14 BoP, current US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
- General government final consumption expenditure (current US$) 9.74 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 33,955 constant 2015 US$ per person (2025)
- Exports of goods and services (current US$), annual growth rate 7.29 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0035 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in European Union?
- Adjusted savings: net national savings in European Union was 7.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in European Union?
- The highest recorded value was 9.7% in 1976.
- What is the lowest adjusted savings: net national savings recorded in European Union?
- The lowest recorded value was 3.7% in 2009.
- How does European Union rank for adjusted savings: net national savings?
- European Union ranks 37th out of 46 groups with data for 2021.
- Is adjusted savings: net national savings rising or falling in European Union?
- Over the last ten years it is up 50.1%. The long-run trend across the full record is falling.
- Where does this European Union 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.
Download this data
CSV · JSON — 47 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 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.