Gross domestic savings in Korea
Korea: Gross domestic savings was 642.79 billion current US$ in 2025. ◆ Volatile
Gross domestic savings in Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Korea is 642.79 billion current US$, measured in 2025.
Compared with earlier readings it is up 0.7% on the previous year and up 16.5% over ten years.
Over the whole period, gross domestic savings in Korea peaked at 696.60 billion current US$ in 2021 and was at its lowest, 38.02 million current US$, in 1960.
That places Korea 9th out of 187 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 38.02 million current US$ | — |
| 1961 | 75.33 million current US$ | +98.1% |
| 1962 | 99.23 million current US$ | +31.7% |
| 1963 | 364.62 million current US$ | +267.4% |
| 1964 | 320.32 million current US$ | -12.1% |
| 1965 | 245.87 million current US$ | -23.2% |
| 1966 | 473.95 million current US$ | +92.8% |
| 1967 | 551.54 million current US$ | +16.4% |
| 1968 | 900.43 million current US$ | +63.3% |
| 1969 | 1.40 billion current US$ | +55.8% |
| 1970 | 1.51 billion current US$ | +7.8% |
| 1971 | 1.47 billion current US$ | -2.5% |
| 1972 | 1.88 billion current US$ | +27.5% |
| 1973 | 3.21 billion current US$ | +70.4% |
| 1974 | 4.38 billion current US$ | +36.7% |
| 1975 | 4.47 billion current US$ | +2.0% |
| 1976 | 7.62 billion current US$ | +70.4% |
| 1977 | 11.12 billion current US$ | +45.9% |
| 1978 | 16.16 billion current US$ | +45.4% |
| 1979 | 20.72 billion current US$ | +28.2% |
| 1980 | 17.17 billion current US$ | -17.1% |
| 1981 | 19.09 billion current US$ | +11.2% |
| 1982 | 21.78 billion current US$ | +14.1% |
| 1983 | 27.82 billion current US$ | +27.7% |
| 1984 | 33.49 billion current US$ | +20.4% |
| 1985 | 35.40 billion current US$ | +5.7% |
| 1986 | 44.53 billion current US$ | +25.8% |
| 1987 | 60.71 billion current US$ | +36.3% |
| 1988 | 85.66 billion current US$ | +41.1% |
| 1989 | 99.43 billion current US$ | +16.1% |
| 1990 | 114.90 billion current US$ | +15.6% |
| 1991 | 134.28 billion current US$ | +16.9% |
| 1992 | 141.18 billion current US$ | +5.1% |
| 1993 | 156.26 billion current US$ | +10.7% |
| 1994 | 183.06 billion current US$ | +17.2% |
| 1995 | 223.78 billion current US$ | +22.2% |
| 1996 | 230.00 billion current US$ | +2.8% |
| 1997 | 214.72 billion current US$ | -6.6% |
| 1998 | 152.65 billion current US$ | -28.9% |
| 1999 | 188.38 billion current US$ | +23.4% |
| 2000 | 208.12 billion current US$ | +10.5% |
| 2001 | 188.33 billion current US$ | -9.5% |
| 2002 | 210.64 billion current US$ | +11.8% |
| 2003 | 246.65 billion current US$ | +17.1% |
| 2004 | 296.88 billion current US$ | +20.4% |
| 2005 | 338.70 billion current US$ | +14.1% |
| 2006 | 367.67 billion current US$ | +8.6% |
| 2007 | 415.52 billion current US$ | +13.0% |
| 2008 | 363.93 billion current US$ | -12.4% |
| 2009 | 329.36 billion current US$ | -9.5% |
| 2010 | 421.01 billion current US$ | +27.8% |
| 2011 | 446.29 billion current US$ | +6.0% |
| 2012 | 450.61 billion current US$ | +1.0% |
| 2013 | 490.65 billion current US$ | +8.9% |
| 2014 | 535.82 billion current US$ | +9.2% |
| 2015 | 551.97 billion current US$ | +3.0% |
| 2016 | 573.37 billion current US$ | +3.9% |
| 2017 | 623.73 billion current US$ | +8.8% |
| 2018 | 646.62 billion current US$ | +3.7% |
| 2019 | 592.40 billion current US$ | -8.4% |
| 2020 | 614.09 billion current US$ | +3.7% |
| 2021 | 696.60 billion current US$ | +13.4% |
| 2022 | 599.73 billion current US$ | -13.9% |
| 2023 | 595.43 billion current US$ | -0.7% |
| 2024 | 638.18 billion current US$ | +7.2% |
| 2025 | 642.79 billion current US$ | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 447.23 million current US$ | 38.02 million current US$ | 1.40 billion current US$ | 10 |
| 1970s | 7.25 billion current US$ | 1.47 billion current US$ | 20.72 billion current US$ | 10 |
| 1980s | 44.51 billion current US$ | 17.17 billion current US$ | 99.43 billion current US$ | 10 |
| 1990s | 173.92 billion current US$ | 114.90 billion current US$ | 230.00 billion current US$ | 10 |
| 2000s | 296.58 billion current US$ | 188.33 billion current US$ | 415.52 billion current US$ | 10 |
| 2010s | 533.25 billion current US$ | 421.01 billion current US$ | 646.62 billion current US$ | 10 |
| 2020s | 631.14 billion current US$ | 595.43 billion current US$ | 696.60 billion current US$ | 6 |
Countries ranked near Korea
More economy & growth data for Korea
- GNI (current LCU), annual growth rate 4.45 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,447 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 52.42 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 18.84 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 23.99 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -2.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0698 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,528 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 1.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 99.26 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Korea?
- Gross domestic savings in Korea was 642.79 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Korea?
- The highest recorded value was 696.60 billion current US$ in 2021.
- What is the lowest gross domestic savings recorded in Korea?
- The lowest recorded value was 38.02 million current US$ in 1960.
- How does Korea rank for gross domestic savings?
- Korea ranks 9th out of 187 countries with data for 2025.
- Is gross domestic savings rising or falling in Korea?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this Korea 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.