Gross domestic savings in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross domestic savings was 41.1% in 2024. ▲ Rising
Gross domestic savings in East Asia & Pacific (IDA & IBRD countries), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in East Asia & Pacific (IDA & IBRD countries) is 41.1%, measured in 2024.
Compared with earlier readings it is down 0.1% on the previous year and down 7.1% over ten years.
Over the whole period, gross domestic savings in East Asia & Pacific (IDA & IBRD countries) peaked at 46.7% in 2010 and was at its lowest, 11.5%, in 1962.
That places East Asia & Pacific (IDA & IBRD countries) 2nd out of 43 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Gross domestic savings in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 33.9% | — |
| 1961 | 19.5% | -42.4% |
| 1962 | 11.5% | -41.0% |
| 1963 | 15.1% | +31.2% |
| 1964 | 21.8% | +44.5% |
| 1965 | 27.8% | +27.2% |
| 1966 | 28.4% | +2.4% |
| 1967 | 24.0% | -15.6% |
| 1968 | 23.2% | -3.5% |
| 1969 | 26.5% | +14.4% |
| 1970 | 29.1% | +9.9% |
| 1971 | 30.3% | +4.1% |
| 1972 | 29.3% | -3.4% |
| 1973 | 30.4% | +3.8% |
| 1974 | 31.0% | +2.0% |
| 1975 | 31.3% | +0.8% |
| 1976 | 29.1% | -6.8% |
| 1977 | 30.9% | +6.2% |
| 1978 | 32.7% | +5.9% |
| 1979 | 33.5% | +2.3% |
| 1980 | 32.0% | -4.4% |
| 1981 | 29.3% | -8.4% |
| 1982 | 28.3% | -3.5% |
| 1983 | 30.4% | +7.4% |
| 1984 | 31.3% | +2.8% |
| 1985 | 31.4% | +0.6% |
| 1986 | 32.9% | +4.5% |
| 1987 | 36.5% | +11.0% |
| 1988 | 35.5% | -2.7% |
| 1989 | 32.5% | -8.3% |
| 1990 | 32.0% | -1.6% |
| 1991 | 33.2% | +3.8% |
| 1992 | 34.6% | +4.2% |
| 1993 | 36.6% | +5.8% |
| 1994 | 37.0% | +1.1% |
| 1995 | 36.6% | -1.1% |
| 1996 | 36.2% | -1.3% |
| 1997 | 36.6% | +1.3% |
| 1998 | 36.8% | +0.4% |
| 1999 | 34.3% | -6.8% |
| 2000 | 34.8% | +1.6% |
| 2001 | 35.5% | +2.0% |
| 2002 | 35.8% | +0.7% |
| 2003 | 37.9% | +5.9% |
| 2004 | 40.2% | +6.2% |
| 2005 | 41.2% | +2.3% |
| 2006 | 42.7% | +3.8% |
| 2007 | 44.1% | +3.3% |
| 2008 | 45.5% | +3.2% |
| 2009 | 45.4% | -0.2% |
| 2010 | 46.7% | +2.7% |
| 2011 | 45.9% | -1.7% |
| 2012 | 45.1% | -1.7% |
| 2013 | 44.7% | -0.7% |
| 2014 | 44.3% | -1.0% |
| 2015 | 43.1% | -2.8% |
| 2016 | 42.0% | -2.5% |
| 2017 | 42.3% | +0.6% |
| 2018 | 42.0% | -0.5% |
| 2019 | 41.3% | -1.9% |
| 2020 | 41.6% | +0.9% |
| 2021 | 43.0% | +3.2% |
| 2022 | 43.4% | +1.0% |
| 2023 | 41.2% | -5.1% |
| 2024 | 41.1% | -0.1% |
Biggest year-on-year movements
Years where Gross domestic savings in East Asia & Pacific (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1964 | +44.5% | 15.1% | 21.8% |
| 1961 | -42.4% | 33.9% | 19.5% |
| 1962 | -41.0% | 19.5% | 11.5% |
| 1963 | +31.2% | 11.5% | 15.1% |
| 1965 | +27.2% | 21.8% | 27.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.2% | 11.5% | 33.9% | 10 |
| 1970s | 30.8% | 29.1% | 33.5% | 10 |
| 1980s | 32.0% | 28.3% | 36.5% | 10 |
| 1990s | 35.4% | 32.0% | 37.0% | 10 |
| 2000s | 40.3% | 34.8% | 45.5% | 10 |
| 2010s | 43.7% | 41.3% | 46.7% | 10 |
| 2020s | 42.1% | 41.1% | 43.4% | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
- 1 Turkmenistan 79.0% compare
- 2 Qatar 67.6% compare
- 3 Ireland 63.5% compare
- 4 Singapore 58.7% compare
- 5 Macau, China 57.7% compare
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Foreign direct investment, net outflows (BoP, current US$), gaps 176.21 billion BoP, current US$ (2025)
- Gross capital formation (current US$), annual growth rate 1.28 % change on previous year (2024)
- GDP 23.22 trillion current US$ (2025)
- Inflation, GDP deflator 3.0% (2025)
- Gross capital formation (current US$), per capita 4,053 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.3857 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3766 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 2,798 current US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 0.8097 % change on previous year (2024)
- GDP 22.73 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross domestic savings in East Asia & Pacific (IDA & IBRD countries)?
- Gross domestic savings in East Asia & Pacific (IDA & IBRD countries) was 41.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 46.7% in 2010.
- What is the lowest gross domestic savings recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 11.5% in 1962.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross domestic savings?
- East Asia & Pacific (IDA & IBRD countries) ranks 2nd out of 43 groups with data for 2024.
- Is gross domestic savings rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (IDA & IBRD countries) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.