Gross domestic savings in United States
United States: Gross domestic savings was 5.41 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
5.41 trillion current US$
Change on year
up 3.8%
World rank
2nd
of 187 countries
All-time high
5.41 trillion current US$
in 2024
All-time low
233.79 billion current US$
in 1970
Years of data
55
1970–2024
Gross domestic savings in United States, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross domestic savings in United States stood at 5.41 trillion current US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 70.6% over ten years.
Over the whole period, gross domestic savings in United States peaked at 5.41 trillion current US$ in 2024 and was at its lowest, 233.79 billion current US$, in 1970.
That places United States 2nd out of 187 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in United States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 233.79 billion current US$ | — |
| 1971 | 255.95 billion current US$ | +9.5% |
| 1972 | 285.46 billion current US$ | +11.5% |
| 1973 | 336.68 billion current US$ | +17.9% |
| 1974 | 349.88 billion current US$ | +3.9% |
| 1975 | 357.63 billion current US$ | +2.2% |
| 1976 | 411.24 billion current US$ | +15.0% |
| 1977 | 466.68 billion current US$ | +13.5% |
| 1978 | 558.58 billion current US$ | +19.7% |
| 1979 | 637.21 billion current US$ | +14.1% |
| 1980 | 652.99 billion current US$ | +2.5% |
| 1981 | 766.05 billion current US$ | +17.3% |
| 1982 | 718.00 billion current US$ | -6.3% |
| 1983 | 757.04 billion current US$ | +5.4% |
| 1984 | 910.54 billion current US$ | +20.3% |
| 1985 | 935.51 billion current US$ | +2.7% |
| 1986 | 955.36 billion current US$ | +2.1% |
| 1987 | 1.00 trillion current US$ | +4.9% |
| 1988 | 1.09 trillion current US$ | +8.4% |
| 1989 | 1.18 trillion current US$ | +9.0% |
| 1990 | 1.21 trillion current US$ | +1.9% |
| 1991 | 1.21 trillion current US$ | +0.3% |
| 1992 | 1.27 trillion current US$ | +5.3% |
| 1993 | 1.33 trillion current US$ | +4.6% |
| 1994 | 1.46 trillion current US$ | +9.3% |
| 1995 | 1.54 trillion current US$ | +5.3% |
| 1996 | 1.66 trillion current US$ | +7.8% |
| 1997 | 1.82 trillion current US$ | +9.9% |
| 1998 | 1.92 trillion current US$ | +5.4% |
| 1999 | 2.00 trillion current US$ | +4.1% |
| 2000 | 2.05 trillion current US$ | +2.5% |
| 2001 | 1.97 trillion current US$ | -3.7% |
| 2002 | 1.93 trillion current US$ | -1.8% |
| 2003 | 1.97 trillion current US$ | +1.8% |
| 2004 | 2.13 trillion current US$ | +8.3% |
| 2005 | 2.31 trillion current US$ | +8.2% |
| 2006 | 2.47 trillion current US$ | +6.8% |
| 2007 | 2.53 trillion current US$ | +2.6% |
| 2008 | 2.37 trillion current US$ | -6.4% |
| 2009 | 2.15 trillion current US$ | -9.0% |
| 2010 | 2.28 trillion current US$ | +5.8% |
| 2011 | 2.39 trillion current US$ | +4.9% |
| 2012 | 2.69 trillion current US$ | +12.6% |
| 2013 | 2.96 trillion current US$ | +10.1% |
| 2014 | 3.17 trillion current US$ | +7.1% |
| 2015 | 3.39 trillion current US$ | +7.0% |
| 2016 | 3.42 trillion current US$ | +0.9% |
| 2017 | 3.61 trillion current US$ | +5.3% |
| 2018 | 3.86 trillion current US$ | +7.1% |
| 2019 | 4.09 trillion current US$ | +5.9% |
| 2020 | 3.96 trillion current US$ | -3.1% |
| 2021 | 4.23 trillion current US$ | +6.7% |
| 2022 | 4.80 trillion current US$ | +13.5% |
| 2023 | 5.21 trillion current US$ | +8.6% |
| 2024 | 5.41 trillion current US$ | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 389.31 billion current US$ | 233.79 billion current US$ | 637.21 billion current US$ | 10 |
| 1980s | 896.69 billion current US$ | 652.99 billion current US$ | 1.18 trillion current US$ | 10 |
| 1990s | 1.54 trillion current US$ | 1.21 trillion current US$ | 2.00 trillion current US$ | 10 |
| 2000s | 2.19 trillion current US$ | 1.93 trillion current US$ | 2.53 trillion current US$ | 10 |
| 2010s | 3.19 trillion current US$ | 2.28 trillion current US$ | 4.09 trillion current US$ | 10 |
| 2020s | 4.72 trillion current US$ | 3.96 trillion current US$ | 5.41 trillion current US$ | 5 |
Countries ranked near United States
More economy & growth data for United States
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.53 % change on previous year (2021)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9477 current LCU per US$ of GDP (2021)
- Gross value added at basic prices (GVA) (current LCU), per capita 67,708 current LCU per person (2021)
- GDP (current US$), annual growth rate 5.02 % change on previous year (2025)
- GDP (current US$), per capita 90,026 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.02 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 90,026 current LCU per person (2025)
Frequently asked questions
- What is gross domestic savings in United States?
- Gross domestic savings in United States was 5.41 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 United States?
- The highest recorded value was 5.41 trillion current US$ in 2024.
- What is the lowest gross domestic savings recorded in United States?
- The lowest recorded value was 233.79 billion current US$ in 1970.
- How does United States rank for gross domestic savings?
- United States ranks 2nd out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in United States?
- Over the last ten years it is up 70.6%. The long-run trend across the full record is volatile.
- Where does this United States 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.