Gross domestic savings in Middle income
Middle income: Gross domestic savings was 12.67 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
12.67 trillion current US$
Change on year
up 0.8%
Rank
8th
of 41 groups
All-time high
12.98 trillion current US$
in 2022
All-time low
46.05 billion current US$
in 1962
Years of data
65
1960–2024
Gross domestic savings in Middle income, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Middle income is 12.67 trillion current US$, measured in 2024.
That represents a change of up 0.8% on the previous year and up 42.6% over ten years.
Over the whole period, gross domestic savings in Middle income peaked at 12.98 trillion current US$ in 2022 and was at its lowest, 46.05 billion current US$, in 1962.
That places Middle income 8th out of 41 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Middle income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 62.99 billion current US$ | — |
| 1961 | 55.23 billion current US$ | -12.3% |
| 1962 | 46.05 billion current US$ | -16.6% |
| 1963 | 54.44 billion current US$ | +18.2% |
| 1964 | 68.09 billion current US$ | +25.1% |
| 1965 | 83.23 billion current US$ | +22.2% |
| 1966 | 90.19 billion current US$ | +8.4% |
| 1967 | 84.53 billion current US$ | -6.3% |
| 1968 | 91.26 billion current US$ | +8.0% |
| 1969 | 109.18 billion current US$ | +19.6% |
| 1970 | 124.11 billion current US$ | +13.7% |
| 1971 | 124.91 billion current US$ | +0.6% |
| 1972 | 145.41 billion current US$ | +16.4% |
| 1973 | 203.58 billion current US$ | +40.0% |
| 1974 | 274.12 billion current US$ | +34.6% |
| 1975 | 294.62 billion current US$ | +7.5% |
| 1976 | 329.86 billion current US$ | +12.0% |
| 1977 | 372.20 billion current US$ | +12.8% |
| 1978 | 389.53 billion current US$ | +4.7% |
| 1979 | 473.40 billion current US$ | +21.5% |
| 1980 | 573.44 billion current US$ | +21.1% |
| 1981 | 668.34 billion current US$ | +16.6% |
| 1982 | 620.00 billion current US$ | -7.2% |
| 1983 | 561.58 billion current US$ | -9.4% |
| 1984 | 566.59 billion current US$ | +0.9% |
| 1985 | 619.18 billion current US$ | +9.3% |
| 1986 | 538.94 billion current US$ | -13.0% |
| 1987 | 592.87 billion current US$ | +10.0% |
| 1988 | 625.19 billion current US$ | +5.5% |
| 1989 | 673.34 billion current US$ | +7.7% |
| 1990 | 782.62 billion current US$ | +16.2% |
| 1991 | 731.42 billion current US$ | -6.5% |
| 1992 | 772.33 billion current US$ | +5.6% |
| 1993 | 844.31 billion current US$ | +9.3% |
| 1994 | 984.40 billion current US$ | +16.6% |
| 1995 | 1.19 trillion current US$ | +21.3% |
| 1996 | 1.34 trillion current US$ | +12.4% |
| 1997 | 1.43 trillion current US$ | +6.4% |
| 1998 | 1.40 trillion current US$ | -1.7% |
| 1999 | 1.25 trillion current US$ | -10.9% |
| 2000 | 1.42 trillion current US$ | +13.2% |
| 2001 | 1.45 trillion current US$ | +2.3% |
| 2002 | 1.53 trillion current US$ | +5.9% |
| 2003 | 1.77 trillion current US$ | +15.5% |
| 2004 | 2.25 trillion current US$ | +26.9% |
| 2005 | 2.73 trillion current US$ | +21.6% |
| 2006 | 3.41 trillion current US$ | +24.9% |
| 2007 | 4.31 trillion current US$ | +26.2% |
| 2008 | 5.32 trillion current US$ | +23.4% |
| 2009 | 5.21 trillion current US$ | -2.1% |
| 2010 | 6.59 trillion current US$ | +26.6% |
| 2011 | 7.61 trillion current US$ | +15.4% |
| 2012 | 8.09 trillion current US$ | +6.4% |
| 2013 | 8.52 trillion current US$ | +5.3% |
| 2014 | 8.89 trillion current US$ | +4.3% |
| 2015 | 8.42 trillion current US$ | -5.2% |
| 2016 | 8.35 trillion current US$ | -0.9% |
| 2017 | 9.20 trillion current US$ | +10.2% |
| 2018 | 9.99 trillion current US$ | +8.6% |
| 2019 | 10.26 trillion current US$ | +2.7% |
| 2020 | 10.04 trillion current US$ | -2.1% |
| 2021 | 12.36 trillion current US$ | +23.1% |
| 2022 | 12.98 trillion current US$ | +5.0% |
| 2023 | 12.57 trillion current US$ | -3.1% |
| 2024 | 12.67 trillion current US$ | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 74.52 billion current US$ | 46.05 billion current US$ | 109.18 billion current US$ | 10 |
| 1970s | 273.18 billion current US$ | 124.11 billion current US$ | 473.40 billion current US$ | 10 |
| 1980s | 603.95 billion current US$ | 538.94 billion current US$ | 673.34 billion current US$ | 10 |
| 1990s | 1.07 trillion current US$ | 731.42 billion current US$ | 1.43 trillion current US$ | 10 |
| 2000s | 2.94 trillion current US$ | 1.42 trillion current US$ | 5.32 trillion current US$ | 10 |
| 2010s | 8.59 trillion current US$ | 6.59 trillion current US$ | 10.26 trillion current US$ | 10 |
| 2020s | 12.13 trillion current US$ | 10.04 trillion current US$ | 12.98 trillion current US$ | 5 |
Countries ranked near Middle income
- 5 Japan 1.12 trillion current US$ compare
- 6 Russia 759.03 billion current US$ compare
- 7 United Kingdom 733.94 billion current US$ compare
- 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
More economy & growth data for Middle income
- Final consumption expenditure 25.71 trillion constant 2015 US$ (2025)
- Services, value added 5.0% (2025)
- Services, value added 22.22 trillion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 52.5% (2024)
- Final consumption expenditure 26.22 trillion current US$ (2024)
- Gross national expenditure 39.19 trillion current US$ (2024)
- Exports of goods and services 10.34 trillion current US$ (2025)
- Gross national expenditure 37.88 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 3.9% (2024)
- Final consumption expenditure 4.4% (2025)
Frequently asked questions
- What is gross domestic savings in Middle income?
- Gross domestic savings in Middle income was 12.67 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 Middle income?
- The highest recorded value was 12.98 trillion current US$ in 2022.
- What is the lowest gross domestic savings recorded in Middle income?
- The lowest recorded value was 46.05 billion current US$ in 1962.
- How does Middle income rank for gross domestic savings?
- Middle income ranks 8th out of 41 groups with data for 2024.
- Is gross domestic savings rising or falling in Middle income?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is volatile.
- Where does this Middle 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.
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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.