Gross domestic savings in High income
High income: Gross domestic savings was 17.28 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
17.28 trillion current US$
Change on year
up 3.5%
Rank
2nd
of 41 groups
All-time high
17.28 trillion current US$
in 2024
All-time low
639.28 billion current US$
in 1970
Years of data
55
1970–2024
Gross domestic savings in High income, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross domestic savings in High income stood at 17.28 trillion current US$. That is the highest value across all 55 years on record.
That represents a change of up 3.5% on the previous year and up 36.7% over ten years.
Over the whole period, gross domestic savings in High income peaked at 17.28 trillion current US$ in 2024 and was at its lowest, 639.28 billion current US$, in 1970.
High income ranks 2nd of 41 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in High income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 639.28 billion current US$ | — |
| 1971 | 703.61 billion current US$ | +10.1% |
| 1972 | 829.09 billion current US$ | +17.8% |
| 1973 | 1.06 trillion current US$ | +27.3% |
| 1974 | 1.19 trillion current US$ | +12.7% |
| 1975 | 1.21 trillion current US$ | +1.4% |
| 1976 | 1.35 trillion current US$ | +11.9% |
| 1977 | 1.53 trillion current US$ | +13.7% |
| 1978 | 1.89 trillion current US$ | +23.4% |
| 1979 | 2.19 trillion current US$ | +15.7% |
| 1980 | 2.39 trillion current US$ | +9.0% |
| 1981 | 2.44 trillion current US$ | +2.0% |
| 1982 | 2.25 trillion current US$ | -7.5% |
| 1983 | 2.28 trillion current US$ | +1.3% |
| 1984 | 2.50 trillion current US$ | +9.4% |
| 1985 | 2.57 trillion current US$ | +3.1% |
| 1986 | 3.16 trillion current US$ | +22.7% |
| 1987 | 3.68 trillion current US$ | +16.5% |
| 1988 | 4.29 trillion current US$ | +16.5% |
| 1989 | 4.53 trillion current US$ | +5.7% |
| 1990 | 4.97 trillion current US$ | +9.7% |
| 1991 | 5.23 trillion current US$ | +5.2% |
| 1992 | 5.52 trillion current US$ | +5.7% |
| 1993 | 5.47 trillion current US$ | -1.0% |
| 1994 | 5.91 trillion current US$ | +8.0% |
| 1995 | 6.73 trillion current US$ | +13.8% |
| 1996 | 6.73 trillion current US$ | +0.0% |
| 1997 | 6.62 trillion current US$ | -1.6% |
| 1998 | 6.46 trillion current US$ | -2.4% |
| 1999 | 6.68 trillion current US$ | +3.4% |
| 2000 | 6.89 trillion current US$ | +3.2% |
| 2001 | 6.51 trillion current US$ | -5.5% |
| 2002 | 6.58 trillion current US$ | +1.1% |
| 2003 | 7.34 trillion current US$ | +11.5% |
| 2004 | 8.40 trillion current US$ | +14.5% |
| 2005 | 9.03 trillion current US$ | +7.5% |
| 2006 | 9.80 trillion current US$ | +8.5% |
| 2007 | 10.95 trillion current US$ | +11.8% |
| 2008 | 11.47 trillion current US$ | +4.7% |
| 2009 | 9.51 trillion current US$ | -17.1% |
| 2010 | 10.51 trillion current US$ | +10.5% |
| 2011 | 11.86 trillion current US$ | +12.8% |
| 2012 | 12.02 trillion current US$ | +1.4% |
| 2013 | 12.28 trillion current US$ | +2.1% |
| 2014 | 12.64 trillion current US$ | +2.9% |
| 2015 | 11.79 trillion current US$ | -6.7% |
| 2016 | 11.97 trillion current US$ | +1.5% |
| 2017 | 12.82 trillion current US$ | +7.2% |
| 2018 | 13.84 trillion current US$ | +7.9% |
| 2019 | 13.95 trillion current US$ | +0.8% |
| 2020 | 13.29 trillion current US$ | -4.7% |
| 2021 | 15.48 trillion current US$ | +16.5% |
| 2022 | 16.20 trillion current US$ | +4.7% |
| 2023 | 16.69 trillion current US$ | +3.0% |
| 2024 | 17.28 trillion current US$ | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.26 trillion current US$ | 639.28 billion current US$ | 2.19 trillion current US$ | 10 |
| 1980s | 3.01 trillion current US$ | 2.25 trillion current US$ | 4.53 trillion current US$ | 10 |
| 1990s | 6.03 trillion current US$ | 4.97 trillion current US$ | 6.73 trillion current US$ | 10 |
| 2000s | 8.65 trillion current US$ | 6.51 trillion current US$ | 11.47 trillion current US$ | 10 |
| 2010s | 12.37 trillion current US$ | 10.51 trillion current US$ | 13.95 trillion current US$ | 10 |
| 2020s | 15.79 trillion current US$ | 13.29 trillion current US$ | 17.28 trillion current US$ | 5 |
Countries ranked near High income
More economy & growth data for High income
- Gross fixed capital formation 1.4% (2024)
- Exports of goods and services 19.91 trillion constant 2015 US$ (2025)
- Exports of goods and services 4.4% (2025)
- Exports of goods and services 31.7% (2025)
- Gross fixed capital formation 16.03 trillion current US$ (2024)
- Gross fixed capital formation 13.45 trillion constant 2015 US$ (2024)
- Gross capital formation 16.34 trillion current US$ (2024)
- Gross capital formation 1.1% (2024)
- Gross capital formation 13.68 trillion constant 2015 US$ (2024)
- Exports of goods and services 24.41 trillion current US$ (2025)
Frequently asked questions
- What is gross domestic savings in High income?
- Gross domestic savings in High income was 17.28 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 High income?
- The highest recorded value was 17.28 trillion current US$ in 2024.
- What is the lowest gross domestic savings recorded in High income?
- The lowest recorded value was 639.28 billion current US$ in 1970.
- How does High income rank for gross domestic savings?
- High income ranks 2nd out of 41 groups with data for 2024.
- Is gross domestic savings rising or falling in High income?
- Over the last ten years it is up 36.7%. The long-run trend across the full record is volatile.
- Where does this High income 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.