Gross domestic savings in Late-demographic dividend
Late-demographic dividend: Gross domestic savings was 11.29 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
11.29 trillion current US$
Change on year
up 3.3%
Rank
11th
of 41 groups
All-time high
11.51 trillion current US$
in 2022
All-time low
17.67 billion current US$
in 1962
Years of data
65
1960–2024
Gross domestic savings in Late-demographic dividend, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Late-demographic dividend is 11.29 trillion current US$, measured in 2024.
That represents a change of up 3.3% on the previous year and up 48.2% over ten years.
Over the whole period, gross domestic savings in Late-demographic dividend peaked at 11.51 trillion current US$ in 2022 and was at its lowest, 17.67 billion current US$, in 1962.
That places Late-demographic dividend 11th out of 41 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Late-demographic dividend, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 48.56 billion current US$ | — |
| 1961 | 26.97 billion current US$ | -44.5% |
| 1962 | 17.67 billion current US$ | -34.5% |
| 1963 | 25.78 billion current US$ | +45.9% |
| 1964 | 36.82 billion current US$ | +42.8% |
| 1965 | 54.14 billion current US$ | +47.0% |
| 1966 | 60.75 billion current US$ | +12.2% |
| 1967 | 49.40 billion current US$ | -18.7% |
| 1968 | 47.10 billion current US$ | -4.6% |
| 1969 | 61.46 billion current US$ | +30.5% |
| 1970 | 75.81 billion current US$ | +23.3% |
| 1971 | 83.90 billion current US$ | +10.7% |
| 1972 | 95.40 billion current US$ | +13.7% |
| 1973 | 139.85 billion current US$ | +46.6% |
| 1974 | 184.89 billion current US$ | +32.2% |
| 1975 | 212.67 billion current US$ | +15.0% |
| 1976 | 204.25 billion current US$ | -4.0% |
| 1977 | 246.56 billion current US$ | +20.7% |
| 1978 | 253.63 billion current US$ | +2.9% |
| 1979 | 303.62 billion current US$ | +19.7% |
| 1980 | 367.20 billion current US$ | +20.9% |
| 1981 | 361.41 billion current US$ | -1.6% |
| 1982 | 335.06 billion current US$ | -7.3% |
| 1983 | 309.81 billion current US$ | -7.5% |
| 1984 | 336.74 billion current US$ | +8.7% |
| 1985 | 387.89 billion current US$ | +15.2% |
| 1986 | 386.31 billion current US$ | -0.4% |
| 1987 | 462.16 billion current US$ | +19.6% |
| 1988 | 488.23 billion current US$ | +5.6% |
| 1989 | 571.87 billion current US$ | +17.1% |
| 1990 | 524.88 billion current US$ | -8.2% |
| 1991 | 583.21 billion current US$ | +11.1% |
| 1992 | 680.62 billion current US$ | +16.7% |
| 1993 | 640.57 billion current US$ | -5.9% |
| 1994 | 715.58 billion current US$ | +11.7% |
| 1995 | 813.80 billion current US$ | +13.7% |
| 1996 | 888.62 billion current US$ | +9.2% |
| 1997 | 921.79 billion current US$ | +3.7% |
| 1998 | 894.24 billion current US$ | -3.0% |
| 1999 | 881.31 billion current US$ | -1.4% |
| 2000 | 1.01 trillion current US$ | +15.1% |
| 2001 | 1.07 trillion current US$ | +5.4% |
| 2002 | 1.16 trillion current US$ | +8.6% |
| 2003 | 1.40 trillion current US$ | +20.6% |
| 2004 | 1.77 trillion current US$ | +26.6% |
| 2005 | 2.17 trillion current US$ | +22.3% |
| 2006 | 2.70 trillion current US$ | +24.9% |
| 2007 | 3.48 trillion current US$ | +28.5% |
| 2008 | 4.40 trillion current US$ | +26.6% |
| 2009 | 4.13 trillion current US$ | -6.1% |
| 2010 | 5.24 trillion current US$ | +26.8% |
| 2011 | 6.45 trillion current US$ | +23.0% |
| 2012 | 6.90 trillion current US$ | +7.0% |
| 2013 | 7.36 trillion current US$ | +6.8% |
| 2014 | 7.62 trillion current US$ | +3.5% |
| 2015 | 7.21 trillion current US$ | -5.3% |
| 2016 | 7.06 trillion current US$ | -2.1% |
| 2017 | 7.84 trillion current US$ | +11.0% |
| 2018 | 8.76 trillion current US$ | +11.7% |
| 2019 | 8.79 trillion current US$ | +0.3% |
| 2020 | 8.76 trillion current US$ | -0.3% |
| 2021 | 10.94 trillion current US$ | +24.9% |
| 2022 | 11.51 trillion current US$ | +5.2% |
| 2023 | 10.93 trillion current US$ | -5.1% |
| 2024 | 11.29 trillion current US$ | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 42.86 billion current US$ | 17.67 billion current US$ | 61.46 billion current US$ | 10 |
| 1970s | 180.06 billion current US$ | 75.81 billion current US$ | 303.62 billion current US$ | 10 |
| 1980s | 400.67 billion current US$ | 309.81 billion current US$ | 571.87 billion current US$ | 10 |
| 1990s | 754.46 billion current US$ | 524.88 billion current US$ | 921.79 billion current US$ | 10 |
| 2000s | 2.33 trillion current US$ | 1.01 trillion current US$ | 4.40 trillion current US$ | 10 |
| 2010s | 7.32 trillion current US$ | 5.24 trillion current US$ | 8.79 trillion current US$ | 10 |
| 2020s | 10.68 trillion current US$ | 8.76 trillion current US$ | 11.51 trillion current US$ | 5 |
Countries ranked near Late-demographic dividend
- 8 France 724.82 billion current US$ compare
- 9 South Korea 642.79 billion current US$ compare
- 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 Turkey 502.05 billion current US$ compare
- 14 Spain 481.07 billion current US$ compare
More economy & growth data for Late-demographic dividend
- Industry (including construction), value added 10.61 trillion current US$ (2025)
- External balance on goods and services 4.7% (2025)
- Trade 50.8% (2025)
- Agriculture, forestry, and fishing, value added 1.81 trillion constant 2015 US$ (2025)
- Trade in services 8.0% (2025)
- Manufacturing, value added 6.69 trillion current US$ (2025)
- Manufacturing, value added 21.0% (2025)
- Services, value added 16.42 trillion constant 2015 US$ (2025)
- Services, value added 18.38 trillion current US$ (2025)
- Industry (including construction), value added 33.3% (2025)
Frequently asked questions
- What is gross domestic savings in Late-demographic dividend?
- Gross domestic savings in Late-demographic dividend was 11.29 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 Late-demographic dividend?
- The highest recorded value was 11.51 trillion current US$ in 2022.
- What is the lowest gross domestic savings recorded in Late-demographic dividend?
- The lowest recorded value was 17.67 billion current US$ in 1962.
- How does Late-demographic dividend rank for gross domestic savings?
- Late-demographic dividend ranks 11th out of 41 groups with data for 2024.
- Is gross domestic savings rising or falling in Late-demographic dividend?
- Over the last ten years it is up 48.2%. The long-run trend across the full record is volatile.
- Where does this Late-demographic dividend 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 — 65 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.