Gross domestic savings (% of GDP) in Middle income
Middle income: Gross domestic savings (% of GDP) was 32.6% in 2024. ▲ Rising
Gross domestic savings in Middle income, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross domestic savings in Middle income stood at 32.6%.
That represents a change of down 2.6% on the previous year and down 4.3% over ten years.
Over the whole period, gross domestic savings in Middle income peaked at 35.5% in 2022 and was at its lowest, 17.1%, in 1962.
Middle income ranks 7th 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 Middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 24.0% | — |
| 1961 | 20.7% | -13.6% |
| 1962 | 17.1% | -17.8% |
| 1963 | 18.3% | +7.3% |
| 1964 | 20.3% | +10.9% |
| 1965 | 22.6% | +11.1% |
| 1966 | 23.6% | +4.5% |
| 1967 | 21.5% | -9.0% |
| 1968 | 21.9% | +1.9% |
| 1969 | 23.5% | +7.3% |
| 1970 | 24.4% | +3.9% |
| 1971 | 22.8% | -6.4% |
| 1972 | 23.7% | +3.7% |
| 1973 | 25.9% | +9.7% |
| 1974 | 27.3% | +5.2% |
| 1975 | 26.6% | -2.5% |
| 1976 | 27.6% | +3.8% |
| 1977 | 27.8% | +0.5% |
| 1978 | 26.2% | -5.5% |
| 1979 | 27.4% | +4.3% |
| 1980 | 28.0% | +2.2% |
| 1981 | 29.0% | +3.8% |
| 1982 | 27.3% | -6.0% |
| 1983 | 25.5% | -6.6% |
| 1984 | 25.1% | -1.5% |
| 1985 | 26.4% | +5.0% |
| 1986 | 22.5% | -14.6% |
| 1987 | 24.2% | +7.3% |
| 1988 | 23.8% | -1.5% |
| 1989 | 24.1% | +1.3% |
| 1990 | 24.5% | +1.6% |
| 1991 | 23.6% | -3.7% |
| 1992 | 23.4% | -0.8% |
| 1993 | 23.7% | +1.2% |
| 1994 | 24.6% | +3.8% |
| 1995 | 25.6% | +4.0% |
| 1996 | 25.9% | +1.3% |
| 1997 | 25.9% | +0.0% |
| 1998 | 25.9% | -0.0% |
| 1999 | 24.0% | -7.5% |
| 2000 | 24.9% | +4.1% |
| 2001 | 25.4% | +1.9% |
| 2002 | 26.6% | +4.5% |
| 2003 | 27.5% | +3.5% |
| 2004 | 29.7% | +7.9% |
| 2005 | 30.5% | +2.9% |
| 2006 | 32.3% | +5.9% |
| 2007 | 33.2% | +2.7% |
| 2008 | 34.4% | +3.6% |
| 2009 | 33.5% | -2.5% |
| 2010 | 34.9% | +3.9% |
| 2011 | 34.3% | -1.5% |
| 2012 | 34.2% | -0.3% |
| 2013 | 34.1% | -0.3% |
| 2014 | 34.1% | -0.2% |
| 2015 | 33.4% | -2.0% |
| 2016 | 32.7% | -2.0% |
| 2017 | 33.0% | +0.8% |
| 2018 | 33.6% | +2.1% |
| 2019 | 33.6% | -0.3% |
| 2020 | 33.9% | +1.2% |
| 2021 | 35.4% | +4.3% |
| 2022 | 35.5% | +0.3% |
| 2023 | 33.4% | -5.8% |
| 2024 | 32.6% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.3% | 17.1% | 24.0% | 10 |
| 1970s | 26.0% | 22.8% | 27.8% | 10 |
| 1980s | 25.6% | 22.5% | 29.0% | 10 |
| 1990s | 24.7% | 23.4% | 25.9% | 10 |
| 2000s | 29.8% | 24.9% | 34.4% | 10 |
| 2010s | 33.8% | 32.7% | 34.9% | 10 |
| 2020s | 34.2% | 32.6% | 35.5% | 5 |
Countries ranked near Middle income
More economy & growth data for Middle income
- Foreign direct investment, net outflows (BoP, current US$), gaps 267.98 billion BoP, current US$ (2025)
- Imports of goods and services (current US$), per capita 1,641 current US$ per person (2025)
- Gross capital formation (current US$), annual growth rate 2.53 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3336 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 2,171 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.72 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3019 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,046 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.25 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.242 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Middle income?
- Gross domestic savings in Middle income was 32.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Middle income?
- The highest recorded value was 35.5% in 2022.
- What is the lowest gross domestic savings recorded in Middle income?
- The lowest recorded value was 17.1% in 1962.
- How does Middle income rank for gross domestic savings?
- Middle income ranks 7th out of 43 groups with data for 2024.
- Is gross domestic savings rising or falling in Middle income?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is rising.
- Where does this Middle income 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.