Gross domestic savings in Korea

Korea: Gross domestic savings was 642.79 billion current US$ in 2025. ◆ Volatile

Latest (2025)
642.79 billion current US$
Change on year
up 0.7%
World rank
9th
of 187 countries
All-time high
696.60 billion current US$
in 2021
All-time low
38.02 million current US$
in 1960
Years of data
66
1960–2025

Gross domestic savings in Korea, 1960–2025

0200.0B400.0B600.0B196019922025

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

Annual values for Gross domestic savings (current US$) in Korea, 1960 to 2025.
Year current US$ 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

DecadeAverage LowestHighest 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

  1. 6 Russia 759.03 billion current US$ compare
  2. 7 United Kingdom 733.94 billion current US$ compare
  3. 8 France 724.82 billion current US$ compare
  4. 10 Italy 616.98 billion current US$ compare
  5. 11 Indonesia 538.33 billion current US$ compare
  6. 12 Canada 517.62 billion current US$ compare

See the full ranking of 230 places →

More economy & growth data for Korea

All data for Korea →

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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Gross domestic savings in Korea. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 23 August 2026, from https://economy.statizoid.com/stat/gross-domestic-savings-current-us/korea-rep/

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About this data

Indicator
Gross domestic savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,097 data points, 1960–2025
Last refreshed

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.