Gross domestic savings (current US$) in OECD members
OECD members: Gross domestic savings (current US$) was 15.42 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
15.42 trillion current US$
Change on year
up 3.2%
Rank
3rd
of 43 groups
All-time high
15.42 trillion current US$
in 2024
All-time low
622.83 billion current US$
in 1970
Years of data
55
1970–2024
Gross domestic savings in OECD members, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in OECD members is 15.42 trillion current US$, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 38.3% over ten years.
Over the whole period, gross domestic savings in OECD members peaked at 15.42 trillion current US$ in 2024 and was at its lowest, 622.83 billion current US$, in 1970.
OECD members ranks 3rd of 43 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$) in OECD members, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 622.83 billion current US$ | — |
| 1971 | 679.63 billion current US$ | +9.1% |
| 1972 | 799.64 billion current US$ | +17.7% |
| 1973 | 1.01 trillion current US$ | +26.4% |
| 1974 | 1.10 trillion current US$ | +8.7% |
| 1975 | 1.13 trillion current US$ | +2.5% |
| 1976 | 1.25 trillion current US$ | +10.8% |
| 1977 | 1.42 trillion current US$ | +13.9% |
| 1978 | 1.78 trillion current US$ | +25.0% |
| 1979 | 2.04 trillion current US$ | +14.7% |
| 1980 | 2.17 trillion current US$ | +6.5% |
| 1981 | 2.23 trillion current US$ | +2.6% |
| 1982 | 2.09 trillion current US$ | -6.4% |
| 1983 | 2.14 trillion current US$ | +2.4% |
| 1984 | 2.35 trillion current US$ | +9.9% |
| 1985 | 2.45 trillion current US$ | +4.2% |
| 1986 | 3.00 trillion current US$ | +22.8% |
| 1987 | 3.48 trillion current US$ | +15.8% |
| 1988 | 4.06 trillion current US$ | +16.8% |
| 1989 | 4.28 trillion current US$ | +5.3% |
| 1990 | 4.73 trillion current US$ | +10.6% |
| 1991 | 4.97 trillion current US$ | +5.0% |
| 1992 | 5.21 trillion current US$ | +4.9% |
| 1993 | 5.26 trillion current US$ | +0.9% |
| 1994 | 5.71 trillion current US$ | +8.5% |
| 1995 | 6.51 trillion current US$ | +14.1% |
| 1996 | 6.50 trillion current US$ | -0.1% |
| 1997 | 6.41 trillion current US$ | -1.5% |
| 1998 | 6.33 trillion current US$ | -1.2% |
| 1999 | 6.51 trillion current US$ | +2.9% |
| 2000 | 6.63 trillion current US$ | +1.8% |
| 2001 | 6.28 trillion current US$ | -5.3% |
| 2002 | 6.34 trillion current US$ | +0.9% |
| 2003 | 7.01 trillion current US$ | +10.6% |
| 2004 | 7.97 trillion current US$ | +13.8% |
| 2005 | 8.44 trillion current US$ | +5.9% |
| 2006 | 9.07 trillion current US$ | +7.4% |
| 2007 | 10.06 trillion current US$ | +10.9% |
| 2008 | 10.31 trillion current US$ | +2.5% |
| 2009 | 8.74 trillion current US$ | -15.2% |
| 2010 | 9.40 trillion current US$ | +7.5% |
| 2011 | 10.33 trillion current US$ | +9.8% |
| 2012 | 10.40 trillion current US$ | +0.7% |
| 2013 | 10.70 trillion current US$ | +2.8% |
| 2014 | 11.15 trillion current US$ | +4.2% |
| 2015 | 10.73 trillion current US$ | -3.8% |
| 2016 | 10.93 trillion current US$ | +1.9% |
| 2017 | 11.63 trillion current US$ | +6.4% |
| 2018 | 12.41 trillion current US$ | +6.7% |
| 2019 | 12.58 trillion current US$ | +1.3% |
| 2020 | 12.20 trillion current US$ | -3.0% |
| 2021 | 13.86 trillion current US$ | +13.6% |
| 2022 | 14.01 trillion current US$ | +1.1% |
| 2023 | 14.95 trillion current US$ | +6.7% |
| 2024 | 15.42 trillion current US$ | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.18 trillion current US$ | 622.83 billion current US$ | 2.04 trillion current US$ | 10 |
| 1980s | 2.82 trillion current US$ | 2.09 trillion current US$ | 4.28 trillion current US$ | 10 |
| 1990s | 5.81 trillion current US$ | 4.73 trillion current US$ | 6.51 trillion current US$ | 10 |
| 2000s | 8.09 trillion current US$ | 6.28 trillion current US$ | 10.31 trillion current US$ | 10 |
| 2010s | 11.03 trillion current US$ | 9.40 trillion current US$ | 12.58 trillion current US$ | 10 |
| 2020s | 14.09 trillion current US$ | 12.20 trillion current US$ | 15.42 trillion current US$ | 5 |
Countries ranked near OECD members
More economy & growth data for OECD members
- Gross national expenditure (current US$), annual growth rate 4.19 % change on previous year (2024)
- GDP (current US$), annual growth rate 6.24 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9988 current US$ per US$ of GDP (2024)
- GDP (current US$), per capita 51,734 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.77 % change on previous year (2025)
- GDP (constant 2015 US$), per capita 41,261 constant 2015 US$ per person (2025)
- Final consumption expenditure (constant 2015 US$), per capita 31,800 constant 2015 US$ per person (2024)
- Gross domestic savings (current US$), annual growth rate 3.16 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 40,416 current US$ per person (2021)
- GDP (constant 2015 US$), per unit of GDP 0.7976 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in OECD members?
- Gross domestic savings in OECD members was 15.42 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 OECD members?
- The highest recorded value was 15.42 trillion current US$ in 2024.
- What is the lowest gross domestic savings recorded in OECD members?
- The lowest recorded value was 622.83 billion current US$ in 1970.
- How does OECD members rank for gross domestic savings?
- OECD members ranks 3rd out of 43 groups with data for 2024.
- Is gross domestic savings rising or falling in OECD members?
- Over the last ten years it is up 38.3%. The long-run trend across the full record is volatile.
- Where does this OECD members 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.