Gross domestic savings in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross domestic savings was 9.14 trillion current US$ in 2024. ◆ Volatile
Gross domestic savings in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross domestic savings in East Asia & Pacific (IDA & IBRD countries) stood at 9.14 trillion current US$.
Compared with earlier readings it is up 2.7% on the previous year and up 58.9% over ten years.
Over the whole period, gross domestic savings in East Asia & Pacific (IDA & IBRD countries) peaked at 9.35 trillion current US$ in 2022 and was at its lowest, 7.48 billion current US$, in 1962.
That places East Asia & Pacific (IDA & IBRD countries) 13th out of 43 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 27.39 billion current US$ | — |
| 1961 | 13.90 billion current US$ | -49.3% |
| 1962 | 7.48 billion current US$ | -46.2% |
| 1963 | 10.61 billion current US$ | +41.8% |
| 1964 | 17.71 billion current US$ | +66.9% |
| 1965 | 26.24 billion current US$ | +48.2% |
| 1966 | 29.40 billion current US$ | +12.0% |
| 1967 | 24.09 billion current US$ | -18.0% |
| 1968 | 23.50 billion current US$ | -2.5% |
| 1969 | 30.22 billion current US$ | +28.6% |
| 1970 | 36.98 billion current US$ | +22.4% |
| 1971 | 41.35 billion current US$ | +11.8% |
| 1972 | 45.48 billion current US$ | +10.0% |
| 1973 | 59.38 billion current US$ | +30.6% |
| 1974 | 68.64 billion current US$ | +15.6% |
| 1975 | 77.68 billion current US$ | +13.2% |
| 1976 | 73.60 billion current US$ | -5.2% |
| 1977 | 90.09 billion current US$ | +22.4% |
| 1978 | 92.54 billion current US$ | +2.7% |
| 1979 | 109.57 billion current US$ | +18.4% |
| 1980 | 120.88 billion current US$ | +10.3% |
| 1981 | 118.21 billion current US$ | -2.2% |
| 1982 | 119.86 billion current US$ | +1.4% |
| 1983 | 134.78 billion current US$ | +12.5% |
| 1984 | 150.14 billion current US$ | +11.4% |
| 1985 | 165.38 billion current US$ | +10.1% |
| 1986 | 172.38 billion current US$ | +4.2% |
| 1987 | 189.12 billion current US$ | +9.7% |
| 1988 | 204.21 billion current US$ | +8.0% |
| 1989 | 202.50 billion current US$ | -0.8% |
| 1990 | 213.41 billion current US$ | +5.4% |
| 1991 | 240.55 billion current US$ | +12.7% |
| 1992 | 281.12 billion current US$ | +16.9% |
| 1993 | 326.46 billion current US$ | +16.1% |
| 1994 | 397.35 billion current US$ | +21.7% |
| 1995 | 485.05 billion current US$ | +22.1% |
| 1996 | 550.14 billion current US$ | +13.4% |
| 1997 | 577.20 billion current US$ | +4.9% |
| 1998 | 529.74 billion current US$ | -8.2% |
| 1999 | 543.95 billion current US$ | +2.7% |
| 2000 | 608.59 billion current US$ | +11.9% |
| 2001 | 661.35 billion current US$ | +8.7% |
| 2002 | 737.65 billion current US$ | +11.5% |
| 2003 | 884.70 billion current US$ | +19.9% |
| 2004 | 1.09 trillion current US$ | +23.2% |
| 2005 | 1.29 trillion current US$ | +18.5% |
| 2006 | 1.61 trillion current US$ | +25.0% |
| 2007 | 2.11 trillion current US$ | +30.7% |
| 2008 | 2.76 trillion current US$ | +30.7% |
| 2009 | 2.99 trillion current US$ | +8.4% |
| 2010 | 3.73 trillion current US$ | +24.9% |
| 2011 | 4.48 trillion current US$ | +20.0% |
| 2012 | 4.91 trillion current US$ | +9.6% |
| 2013 | 5.38 trillion current US$ | +9.7% |
| 2014 | 5.75 trillion current US$ | +6.8% |
| 2015 | 5.83 trillion current US$ | +1.3% |
| 2016 | 5.81 trillion current US$ | -0.3% |
| 2017 | 6.38 trillion current US$ | +9.9% |
| 2018 | 7.10 trillion current US$ | +11.3% |
| 2019 | 7.21 trillion current US$ | +1.6% |
| 2020 | 7.41 trillion current US$ | +2.7% |
| 2021 | 9.11 trillion current US$ | +23.0% |
| 2022 | 9.35 trillion current US$ | +2.6% |
| 2023 | 8.90 trillion current US$ | -4.7% |
| 2024 | 9.14 trillion current US$ | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.05 billion current US$ | 7.48 billion current US$ | 30.22 billion current US$ | 10 |
| 1970s | 69.53 billion current US$ | 36.98 billion current US$ | 109.57 billion current US$ | 10 |
| 1980s | 157.75 billion current US$ | 118.21 billion current US$ | 204.21 billion current US$ | 10 |
| 1990s | 414.50 billion current US$ | 213.41 billion current US$ | 577.20 billion current US$ | 10 |
| 2000s | 1.47 trillion current US$ | 608.59 billion current US$ | 2.99 trillion current US$ | 10 |
| 2010s | 5.66 trillion current US$ | 3.73 trillion current US$ | 7.21 trillion current US$ | 10 |
| 2020s | 8.78 trillion current US$ | 7.41 trillion current US$ | 9.35 trillion current US$ | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 10 Italy 616.98 billion current US$ compare
- 11 Indonesia 538.33 billion current US$ compare
- 12 Canada 517.62 billion current US$ compare
- 13 Türkiye 502.05 billion current US$ compare
- 14 Spain 481.07 billion current US$ compare
- 15 Ireland 458.59 billion current US$ compare
- 16 Australia 449.56 billion current US$ compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- GDP (current US$), per capita 10,966 current US$ per person (2025)
- Imports of goods and services 21.8% (2025)
- External balance on goods and services 3.7% (2025)
- Trade 46.9% (2025)
- GDP (current US$), annual growth rate 4.49 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 1.71 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Industry (including construction), value added 4.4% (2025)
- GDP (constant 2015 US$), annual growth rate 4.94 % change on previous year (2025)
- Industry (including construction), value added 35.6% (2025)
Frequently asked questions
- What is gross domestic savings in East Asia & Pacific (IDA & IBRD countries)?
- Gross domestic savings in East Asia & Pacific (IDA & IBRD countries) was 9.14 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 9.35 trillion current US$ in 2022.
- What is the lowest gross domestic savings recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 7.48 billion current US$ in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross domestic savings?
- East Asia & Pacific (IDA & IBRD countries) ranks 13th out of 43 groups with data for 2024.
- Is gross domestic savings rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 58.9%. The long-run trend across the full record is volatile.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.