Adjusted savings: net national savings in OECD members
OECD members: Adjusted savings: net national savings was 4.9% in 2021. ▼ Falling
Adjusted savings: net national savings in OECD members, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
OECD members recorded 4.9% for adjusted savings: net national savings in 2021.
That represents a change of up 16.4% on the previous year and up 35.3% over ten years.
Over the whole period, adjusted savings: net national savings in OECD members peaked at 10.7% in 1973 and was at its lowest, 1.3%, in 2009.
OECD members ranks 41st of 46 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Adjusted savings: net national savings in OECD members, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1971 | 9.4% | — |
| 1972 | 9.5% | +0.7% |
| 1973 | 10.7% | +12.6% |
| 1974 | 9.2% | -13.2% |
| 1975 | 7.5% | -19.1% |
| 1976 | 8.1% | +8.9% |
| 1977 | 8.2% | +0.7% |
| 1978 | 9.0% | +9.2% |
| 1979 | 8.8% | -1.3% |
| 1980 | 7.2% | -18.6% |
| 1981 | 6.7% | -7.4% |
| 1982 | 5.1% | -23.1% |
| 1983 | 4.6% | -10.2% |
| 1984 | 6.3% | +37.6% |
| 1985 | 5.6% | -11.1% |
| 1986 | 4.8% | -13.9% |
| 1987 | 5.0% | +4.1% |
| 1988 | 5.9% | +17.9% |
| 1989 | 5.7% | -3.3% |
| 1990 | 5.2% | -9.9% |
| 1991 | 4.3% | -17.8% |
| 1992 | 3.3% | -23.5% |
| 1993 | 2.6% | -19.1% |
| 1994 | 3.5% | +31.6% |
| 1995 | 4.6% | +33.4% |
| 1996 | 7.5% | +61.5% |
| 1997 | 7.8% | +5.2% |
| 1998 | 7.8% | -1.0% |
| 1999 | 7.0% | -9.3% |
| 2000 | 7.1% | +0.7% |
| 2001 | 6.0% | -15.7% |
| 2002 | 5.1% | -15.3% |
| 2003 | 4.8% | -4.8% |
| 2004 | 5.6% | +15.8% |
| 2005 | 5.8% | +3.7% |
| 2006 | 6.4% | +10.5% |
| 2007 | 6.0% | -6.3% |
| 2008 | 4.1% | -31.9% |
| 2009 | 1.3% | -68.0% |
| 2010 | 2.9% | +122.5% |
| 2011 | 3.6% | +24.4% |
| 2012 | 4.0% | +11.9% |
| 2013 | 4.3% | +6.4% |
| 2014 | 5.0% | +15.6% |
| 2015 | 5.3% | +7.0% |
| 2016 | 5.0% | -6.3% |
| 2017 | 5.7% | +13.9% |
| 2018 | 5.8% | +1.7% |
| 2019 | 5.7% | -1.9% |
| 2020 | 4.2% | -25.8% |
| 2021 | 4.9% | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.9% | 7.5% | 10.7% | 9 |
| 1980s | 5.7% | 4.6% | 7.2% | 10 |
| 1990s | 5.4% | 2.6% | 7.8% | 10 |
| 2000s | 5.2% | 1.3% | 7.1% | 10 |
| 2010s | 4.7% | 2.9% | 5.8% | 10 |
| 2020s | 4.5% | 4.2% | 4.9% | 2 |
Countries ranked near OECD members
More economy & growth data for OECD members
- Industry (including construction), value added (current US$), annual 0.1566 % change on previous year (2022)
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- Industry (including construction), value added -0.8% (2024)
- Industry (including construction), value added 21.2% (2022)
- Services, value added 41.66 trillion current US$ (2021)
- Services, value added 69.8% (2021)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1116 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 5,457 constant 2015 US$ per person (2024)
- Services, value added (current US$), annual growth rate 10.69 % change on previous year (2021)
- Industry (including construction), value added (constant 2015 US$) 8,332 constant 2015 US$ per person (2024)
Frequently asked questions
- What is adjusted savings: net national savings in OECD members?
- Adjusted savings: net national savings in OECD members was 4.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in OECD members?
- The highest recorded value was 10.7% in 1973.
- What is the lowest adjusted savings: net national savings recorded in OECD members?
- The lowest recorded value was 1.3% in 2009.
- How does OECD members rank for adjusted savings: net national savings?
- OECD members ranks 41st out of 46 groups with data for 2021.
- Is adjusted savings: net national savings rising or falling in OECD members?
- Over the last ten years it is up 35.3%. The long-run trend across the full record is falling.
- Where does this OECD members 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.