Gross domestic savings (current US$) in China
China: Gross domestic savings was 8.11 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
8.11 trillion current US$
Change on year
up 2.7%
World rank
1st
of 188 countries
All-time high
8.35 trillion current US$
in 2022
All-time low
7.15 billion current US$
in 1962
Years of data
65
1960–2024
Gross domestic savings in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross domestic savings in China stood at 8.11 trillion current US$.
The figure is up 2.7% on the previous year and up 61.3% over ten years.
Over the whole period, gross domestic savings in China peaked at 8.35 trillion current US$ in 2022 and was at its lowest, 7.15 billion current US$, in 1962.
China ranks 1st of 188 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in China, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 22.16 billion current US$ | — |
| 1961 | 9.72 billion current US$ | -56.1% |
| 1962 | 7.15 billion current US$ | -26.5% |
| 1963 | 9.55 billion current US$ | +33.6% |
| 1964 | 16.00 billion current US$ | +67.5% |
| 1965 | 23.49 billion current US$ | +46.8% |
| 1966 | 25.97 billion current US$ | +10.6% |
| 1967 | 21.00 billion current US$ | -19.1% |
| 1968 | 19.23 billion current US$ | -8.4% |
| 1969 | 24.54 billion current US$ | +27.6% |
| 1970 | 33.43 billion current US$ | +36.2% |
| 1971 | 36.72 billion current US$ | +9.8% |
| 1972 | 40.60 billion current US$ | +10.6% |
| 1973 | 50.63 billion current US$ | +24.7% |
| 1974 | 52.01 billion current US$ | +2.7% |
| 1975 | 62.11 billion current US$ | +19.4% |
| 1976 | 52.61 billion current US$ | -15.3% |
| 1977 | 64.30 billion current US$ | +22.2% |
| 1978 | 58.74 billion current US$ | -8.6% |
| 1979 | 66.15 billion current US$ | +12.6% |
| 1980 | 67.50 billion current US$ | +2.0% |
| 1981 | 65.78 billion current US$ | -2.5% |
| 1982 | 68.57 billion current US$ | +4.2% |
| 1983 | 75.08 billion current US$ | +9.5% |
| 1984 | 88.99 billion current US$ | +18.5% |
| 1985 | 108.10 billion current US$ | +21.5% |
| 1986 | 105.66 billion current US$ | -2.3% |
| 1987 | 101.59 billion current US$ | -3.8% |
| 1988 | 118.33 billion current US$ | +16.5% |
| 1989 | 124.21 billion current US$ | +5.0% |
| 1990 | 131.18 billion current US$ | +5.6% |
| 1991 | 146.15 billion current US$ | +11.4% |
| 1992 | 172.29 billion current US$ | +17.9% |
| 1993 | 185.49 billion current US$ | +7.7% |
| 1994 | 236.34 billion current US$ | +27.4% |
| 1995 | 301.05 billion current US$ | +27.4% |
| 1996 | 345.40 billion current US$ | +14.7% |
| 1997 | 388.58 billion current US$ | +12.5% |
| 1998 | 408.31 billion current US$ | +5.1% |
| 1999 | 411.25 billion current US$ | +0.7% |
| 2000 | 443.80 billion current US$ | +7.9% |
| 2001 | 513.10 billion current US$ | +15.6% |
| 2002 | 577.94 billion current US$ | +12.6% |
| 2003 | 702.72 billion current US$ | +21.6% |
| 2004 | 882.50 billion current US$ | +25.6% |
| 2005 | 1.05 trillion current US$ | +18.7% |
| 2006 | 1.31 trillion current US$ | +25.1% |
| 2007 | 1.75 trillion current US$ | +33.4% |
| 2008 | 2.32 trillion current US$ | +32.7% |
| 2009 | 2.57 trillion current US$ | +10.5% |
| 2010 | 3.13 trillion current US$ | +22.1% |
| 2011 | 3.78 trillion current US$ | +20.7% |
| 2012 | 4.20 trillion current US$ | +11.1% |
| 2013 | 4.67 trillion current US$ | +11.3% |
| 2014 | 5.03 trillion current US$ | +7.8% |
| 2015 | 5.15 trillion current US$ | +2.4% |
| 2016 | 5.09 trillion current US$ | -1.2% |
| 2017 | 5.58 trillion current US$ | +9.7% |
| 2018 | 6.26 trillion current US$ | +12.0% |
| 2019 | 6.33 trillion current US$ | +1.2% |
| 2020 | 6.63 trillion current US$ | +4.7% |
| 2021 | 8.24 trillion current US$ | +24.2% |
| 2022 | 8.35 trillion current US$ | +1.3% |
| 2023 | 7.90 trillion current US$ | -5.3% |
| 2024 | 8.11 trillion current US$ | +2.7% |
China compared with similar countries
- China's 8.11 trillion current US$ is above the median for upper middle income countries, which is 11.36 billion current US$, 714.3× the median. (52 countries reporting)
- China's 8.11 trillion current US$ is above the median for East Asia & Pacific, which is 8.60 billion current US$, 943.6× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.88 billion current US$ | 7.15 billion current US$ | 25.97 billion current US$ | 10 |
| 1970s | 51.73 billion current US$ | 33.43 billion current US$ | 66.15 billion current US$ | 10 |
| 1980s | 92.38 billion current US$ | 65.78 billion current US$ | 124.21 billion current US$ | 10 |
| 1990s | 272.60 billion current US$ | 131.18 billion current US$ | 411.25 billion current US$ | 10 |
| 2000s | 1.21 trillion current US$ | 443.80 billion current US$ | 2.57 trillion current US$ | 10 |
| 2010s | 4.92 trillion current US$ | 3.13 trillion current US$ | 6.33 trillion current US$ | 10 |
| 2020s | 7.85 trillion current US$ | 6.63 trillion current US$ | 8.35 trillion current US$ | 5 |
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)
- SDRs holdings, US dollar, annual growth rate 5.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 39.69 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.8948 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 28.98 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.91 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in China?
- Gross domestic savings in China was 8.11 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in China?
- The highest recorded value was 8.35 trillion current US$ in 2022.
- What is the lowest gross domestic savings recorded in China?
- The lowest recorded value was 7.15 billion current US$ in 1962.
- How does China rank for gross domestic savings?
- China ranks 1st out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in China?
- Over the last ten years it is up 61.3%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.