Gross domestic savings (% of GDP) in India
India: Gross domestic savings (% of GDP) was 32.6% in 2025. ▲ Rising
Gross domestic savings in India, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
India recorded 32.6% for gross domestic savings in 2025.
Compared with earlier readings it is down 0.8% on the previous year and up 6.5% over ten years.
Over the whole period, gross domestic savings in India peaked at 34.4% in 2007 and was at its lowest, 5.5%, in 1967.
That places India 40th out of 188 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic savings (% of GDP) in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 6.0% | — |
| 1961 | 6.9% | +13.5% |
| 1962 | 7.7% | +12.2% |
| 1963 | 9.6% | +24.6% |
| 1964 | 9.5% | -1.0% |
| 1965 | 8.7% | -8.7% |
| 1966 | 6.6% | -24.1% |
| 1967 | 5.5% | -16.8% |
| 1968 | 10.0% | +82.1% |
| 1969 | 11.2% | +12.8% |
| 1970 | 11.4% | +1.2% |
| 1971 | 10.0% | -11.6% |
| 1972 | 10.4% | +3.4% |
| 1973 | 12.1% | +16.3% |
| 1974 | 9.8% | -19.2% |
| 1975 | 12.8% | +30.9% |
| 1976 | 15.2% | +19.0% |
| 1977 | 14.6% | -4.3% |
| 1978 | 14.0% | -3.7% |
| 1979 | 14.3% | +2.1% |
| 1980 | 12.5% | -12.6% |
| 1981 | 14.2% | +13.8% |
| 1982 | 14.7% | +3.2% |
| 1983 | 14.4% | -2.2% |
| 1984 | 15.0% | +4.7% |
| 1985 | 16.1% | +7.0% |
| 1986 | 15.3% | -5.0% |
| 1987 | 16.6% | +8.7% |
| 1988 | 18.3% | +10.0% |
| 1989 | 20.3% | +10.9% |
| 1990 | 21.6% | +6.8% |
| 1991 | 21.9% | +1.2% |
| 1992 | 23.3% | +6.6% |
| 1993 | 23.5% | +0.9% |
| 1994 | 24.7% | +5.0% |
| 1995 | 25.8% | +4.2% |
| 1996 | 25.1% | -2.5% |
| 1997 | 25.1% | -0.2% |
| 1998 | 24.3% | -3.1% |
| 1999 | 23.8% | -1.9% |
| 2000 | 24.3% | +2.1% |
| 2001 | 24.1% | -0.9% |
| 2002 | 25.7% | +6.5% |
| 2003 | 27.6% | +7.7% |
| 2004 | 31.2% | +13.1% |
| 2005 | 32.3% | +3.2% |
| 2006 | 34.1% | +5.7% |
| 2007 | 34.4% | +0.9% |
| 2008 | 32.8% | -4.6% |
| 2009 | 32.6% | -0.6% |
| 2010 | 34.3% | +5.2% |
| 2011 | 32.7% | -4.6% |
| 2012 | 32.9% | +0.4% |
| 2013 | 32.1% | -2.4% |
| 2014 | 31.4% | -2.0% |
| 2015 | 30.6% | -2.8% |
| 2016 | 30.4% | -0.6% |
| 2017 | 30.5% | +0.4% |
| 2018 | 29.9% | -2.0% |
| 2019 | 28.1% | -6.0% |
| 2020 | 27.3% | -2.8% |
| 2021 | 28.6% | +4.7% |
| 2022 | 31.8% | +11.3% |
| 2023 | 32.9% | +3.5% |
| 2024 | 32.8% | -0.2% |
| 2025 | 32.6% | -0.8% |
India compared with similar countries
- India's 32.6% is above the median for lower middle income countries, which is 12.2%, 2.7× the median. (45 countries reporting)
- India's 32.6% is above the median for South Asia, which is 26.0%, 1.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) in India 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 |
|---|---|---|---|
| 1968 | +82.1% | 5.5% | 10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.2% | 5.5% | 11.2% | 10 |
| 1970s | 12.5% | 9.8% | 15.2% | 10 |
| 1980s | 15.7% | 12.5% | 20.3% | 10 |
| 1990s | 23.9% | 21.6% | 25.8% | 10 |
| 2000s | 29.9% | 24.1% | 34.4% | 10 |
| 2010s | 31.3% | 28.1% | 34.3% | 10 |
| 2020s | 31.0% | 27.3% | 32.9% | 6 |
Countries ranked near India
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in India?
- Gross domestic savings in India was 32.6% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in India?
- The highest recorded value was 34.4% in 2007.
- What is the lowest gross domestic savings recorded in India?
- The lowest recorded value was 5.5% in 1967.
- How does India rank for gross domestic savings?
- India ranks 40th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in India?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is rising.
- Where does this India 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.