Gross domestic savings (% of GDP) in IBRD only
IBRD only: Gross domestic savings (% of GDP) was 33.8% in 2024. ▲ Rising
Gross domestic savings in IBRD only, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross domestic savings in IBRD only stood at 33.8%.
The figure is down 1.2% on the previous year and down 0.0% over ten years.
Over the whole period, gross domestic savings in IBRD only peaked at 36.2% in 2022 and was at its lowest, 16.0%, in 1962.
IBRD only ranks 6th of 43 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Gross domestic savings (% of GDP) in IBRD only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 23.8% | — |
| 1961 | 20.4% | -14.5% |
| 1962 | 16.0% | -21.4% |
| 1963 | 17.6% | +10.0% |
| 1964 | 19.8% | +12.3% |
| 1965 | 22.4% | +13.1% |
| 1966 | 23.3% | +4.1% |
| 1967 | 21.4% | -8.3% |
| 1968 | 21.7% | +1.6% |
| 1969 | 23.3% | +7.3% |
| 1970 | 23.7% | +1.6% |
| 1971 | 22.8% | -3.5% |
| 1972 | 23.2% | +1.5% |
| 1973 | 25.5% | +9.8% |
| 1974 | 26.9% | +5.8% |
| 1975 | 26.6% | -1.1% |
| 1976 | 26.9% | +1.1% |
| 1977 | 27.1% | +0.7% |
| 1978 | 25.9% | -4.4% |
| 1979 | 27.1% | +4.4% |
| 1980 | 27.4% | +1.2% |
| 1981 | 24.9% | -9.2% |
| 1982 | 23.7% | -4.6% |
| 1983 | 23.4% | -1.6% |
| 1984 | 24.0% | +2.8% |
| 1985 | 25.1% | +4.7% |
| 1986 | 22.7% | -9.6% |
| 1987 | 24.7% | +8.8% |
| 1988 | 24.6% | -0.7% |
| 1989 | 26.2% | +6.7% |
| 1990 | 25.3% | -3.3% |
| 1991 | 25.7% | +1.6% |
| 1992 | 27.1% | +5.5% |
| 1993 | 25.4% | -6.5% |
| 1994 | 25.1% | -0.8% |
| 1995 | 25.6% | +1.6% |
| 1996 | 25.4% | -0.8% |
| 1997 | 25.0% | -1.2% |
| 1998 | 24.7% | -1.3% |
| 1999 | 25.4% | +2.6% |
| 2000 | 26.6% | +4.9% |
| 2001 | 26.8% | +0.9% |
| 2002 | 27.5% | +2.3% |
| 2003 | 28.4% | +3.3% |
| 2004 | 30.4% | +7.1% |
| 2005 | 31.1% | +2.3% |
| 2006 | 32.7% | +5.1% |
| 2007 | 33.5% | +2.7% |
| 2008 | 34.3% | +2.5% |
| 2009 | 33.2% | -3.2% |
| 2010 | 34.7% | +4.4% |
| 2011 | 34.4% | -0.7% |
| 2012 | 34.2% | -0.6% |
| 2013 | 33.9% | -1.1% |
| 2014 | 33.8% | -0.1% |
| 2015 | 33.7% | -0.4% |
| 2016 | 33.2% | -1.5% |
| 2017 | 33.5% | +1.0% |
| 2018 | 34.3% | +2.2% |
| 2019 | 33.6% | -1.9% |
| 2020 | 34.0% | +1.2% |
| 2021 | 35.9% | +5.4% |
| 2022 | 36.2% | +0.9% |
| 2023 | 34.2% | -5.4% |
| 2024 | 33.8% | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.0% | 16.0% | 23.8% | 10 |
| 1970s | 25.6% | 22.8% | 27.1% | 10 |
| 1980s | 24.7% | 22.7% | 27.4% | 10 |
| 1990s | 25.5% | 24.7% | 27.1% | 10 |
| 2000s | 30.5% | 26.6% | 34.3% | 10 |
| 2010s | 33.9% | 33.2% | 34.7% | 10 |
| 2020s | 34.8% | 33.8% | 36.2% | 5 |
Countries ranked near IBRD only
More economy & growth data for IBRD only
- Imports of goods and services (current US$), annual growth rate 5.4 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.3106 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 2,543 current US$ per person (2024)
- Gross capital formation (current US$), annual growth rate 2.59 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3239 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 2,651 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.41 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2875 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,473 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0688 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in IBRD only?
- Gross domestic savings in IBRD only was 33.8% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in IBRD only?
- The highest recorded value was 36.2% in 2022.
- What is the lowest gross domestic savings recorded in IBRD only?
- The lowest recorded value was 16.0% in 1962.
- How does IBRD only rank for gross domestic savings?
- IBRD only ranks 6th out of 43 groups with data for 2024.
- Is gross domestic savings rising or falling in IBRD only?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is rising.
- Where does this IBRD only 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.