Gross domestic savings (% of GDP) in East Asia & Pacific
East Asia & Pacific: Gross domestic savings (% of GDP) was 38.0% in 2024. ▲ Rising
Gross domestic savings in East Asia & Pacific, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
East Asia & Pacific recorded 38.0% for gross domestic savings in 2024.
Compared with earlier readings it is up 0.8% on the previous year and up 1.8% over ten years.
Over the whole period, gross domestic savings in East Asia & Pacific peaked at 39.2% in 2022 and was at its lowest, 8.9%, in 1961.
That places East Asia & Pacific 3rd 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 (% of GDP) in East Asia & Pacific, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.9% | — |
| 1961 | 8.9% | -24.8% |
| 1962 | 9.3% | +3.5% |
| 1963 | 13.9% | +50.6% |
| 1964 | 20.6% | +47.9% |
| 1965 | 23.4% | +13.6% |
| 1966 | 25.6% | +9.1% |
| 1967 | 27.6% | +8.1% |
| 1968 | 31.0% | +12.3% |
| 1969 | 35.0% | +12.6% |
| 1970 | 38.2% | +9.4% |
| 1971 | 37.5% | -1.9% |
| 1972 | 37.3% | -0.6% |
| 1973 | 37.9% | +1.7% |
| 1974 | 36.9% | -2.7% |
| 1975 | 34.2% | -7.3% |
| 1976 | 33.9% | -0.9% |
| 1977 | 34.3% | +1.2% |
| 1978 | 34.7% | +1.1% |
| 1979 | 34.4% | -0.9% |
| 1980 | 34.0% | -1.1% |
| 1981 | 33.6% | -1.3% |
| 1982 | 32.4% | -3.4% |
| 1983 | 32.6% | +0.5% |
| 1984 | 33.6% | +3.1% |
| 1985 | 34.0% | +1.4% |
| 1986 | 34.9% | +2.7% |
| 1987 | 35.7% | +2.2% |
| 1988 | 36.5% | +2.2% |
| 1989 | 36.0% | -1.3% |
| 1990 | 35.9% | -0.5% |
| 1991 | 36.2% | +1.0% |
| 1992 | 35.5% | -2.0% |
| 1993 | 34.8% | -1.9% |
| 1994 | 34.0% | -2.2% |
| 1995 | 33.7% | -1.1% |
| 1996 | 33.7% | +0.2% |
| 1997 | 33.7% | -0.1% |
| 1998 | 33.0% | -2.1% |
| 1999 | 31.4% | -4.9% |
| 2000 | 31.7% | +0.9% |
| 2001 | 30.8% | -2.7% |
| 2002 | 30.5% | -1.1% |
| 2003 | 31.2% | +2.3% |
| 2004 | 32.3% | +3.5% |
| 2005 | 32.8% | +1.6% |
| 2006 | 33.9% | +3.5% |
| 2007 | 35.3% | +4.2% |
| 2008 | 35.7% | +1.1% |
| 2009 | 34.9% | -2.1% |
| 2010 | 36.4% | +4.1% |
| 2011 | 36.2% | -0.6% |
| 2012 | 36.0% | -0.4% |
| 2013 | 36.8% | +2.2% |
| 2014 | 37.3% | +1.3% |
| 2015 | 37.5% | +0.6% |
| 2016 | 36.9% | -1.7% |
| 2017 | 37.5% | +1.5% |
| 2018 | 37.4% | -0.1% |
| 2019 | 36.9% | -1.4% |
| 2020 | 37.3% | +1.1% |
| 2021 | 38.9% | +4.2% |
| 2022 | 39.2% | +0.8% |
| 2023 | 37.7% | -3.9% |
| 2024 | 38.0% | +0.8% |
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) in East Asia & Pacific 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 |
|---|---|---|---|
| 1963 | +50.6% | 9.3% | 13.9% |
| 1964 | +47.9% | 13.9% | 20.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.7% | 8.9% | 35.0% | 10 |
| 1970s | 35.9% | 33.9% | 38.2% | 10 |
| 1980s | 34.3% | 32.4% | 36.5% | 10 |
| 1990s | 34.2% | 31.4% | 36.2% | 10 |
| 2000s | 32.9% | 30.5% | 35.7% | 10 |
| 2010s | 36.9% | 36.0% | 37.5% | 10 |
| 2020s | 38.2% | 37.3% | 39.2% | 5 |
Countries ranked near East Asia & Pacific
More economy & growth data for East Asia & Pacific
- Imports of goods and services (current US$), annual growth rate 5.97 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.3413 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 4,601 current US$ per person (2024)
- Gross capital formation (current US$), annual growth rate 0.7658 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3478 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,689 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.01 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3301 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,646 constant 2015 US$ per person (2025)
- GDP per capita 14,077 current US$ (2025)
Frequently asked questions
- What is gross domestic savings in East Asia & Pacific?
- Gross domestic savings in East Asia & Pacific was 38.0% 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?
- The highest recorded value was 39.2% in 2022.
- What is the lowest gross domestic savings recorded in East Asia & Pacific?
- The lowest recorded value was 8.9% in 1961.
- How does East Asia & Pacific rank for gross domestic savings?
- East Asia & Pacific ranks 3rd out of 43 groups with data for 2024.
- Is gross domestic savings rising or falling in East Asia & Pacific?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific 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.
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 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.