Gross national savings, Percent of GDP in India
India: Gross national savings, Percent of GDP was 32.2 in 2031. ▲ Rising
Gross national savings, Percent of GDP in India, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, gross national savings, percent of gdp in India stood at 32.2.
That represents a change of down 0.7% on the previous year and up 2.2% over ten years.
Over the whole period, gross national savings, percent of gdp in India peaked at 40.66 in 2007 and was at its lowest, 16.91, in 1983.
That places India 8th out of 25 countries with data for 2031, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Gross national savings, Percent of GDP in India, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 17.39 | — |
| 1981 | 17.39 | +0.0% |
| 1982 | 17.5 | +0.6% |
| 1983 | 16.91 | -3.4% |
| 1984 | 18.16 | +7.4% |
| 1985 | 20.21 | +11.3% |
| 1986 | 19.9 | -1.5% |
| 1987 | 21.92 | +10.1% |
| 1988 | 22.28 | +1.7% |
| 1989 | 23.63 | +6.1% |
| 1990 | 25.17 | +6.5% |
| 1991 | 23.15 | -8.0% |
| 1992 | 23.22 | +0.3% |
| 1993 | 23.59 | +1.6% |
| 1994 | 25.72 | +9.0% |
| 1995 | 25.71 | -0.0% |
| 1996 | 24.48 | -4.8% |
| 1997 | 26.34 | +7.6% |
| 1998 | 25.23 | -4.2% |
| 1999 | 29.93 | +18.7% |
| 2000 | 25.11 | -16.1% |
| 2001 | 30.61 | +21.9% |
| 2002 | 31.48 | +2.8% |
| 2003 | 33.16 | +5.3% |
| 2004 | 34.75 | +4.8% |
| 2005 | 36.22 | +4.2% |
| 2006 | 37.98 | +4.9% |
| 2007 | 40.66 | +7.0% |
| 2008 | 36.09 | -11.2% |
| 2009 | 36.39 | +0.8% |
| 2010 | 36.93 | +1.5% |
| 2011 | 35.4 | -4.1% |
| 2012 | 33.57 | -5.2% |
| 2013 | 32.41 | -3.5% |
| 2014 | 33.07 | +2.1% |
| 2015 | 31.25 | -5.5% |
| 2016 | 29.87 | -4.4% |
| 2017 | 29.45 | -1.4% |
| 2018 | 30.6 | +3.9% |
| 2019 | 29.79 | -2.7% |
| 2020 | 30.47 | +2.3% |
| 2021 | 31.51 | +3.4% |
| 2022 | 32.35 | +2.7% |
| 2023 | 33.76 | +4.4% |
| 2024 | 33.74 | -0.1% |
| 2025 | 32.93 | -2.4% |
| 2026 | 31.92 | -3.1% |
| 2027 | 32.33 | +1.3% |
| 2028 | 32.56 | +0.7% |
| 2029 | 32.58 | +0.0% |
| 2030 | 32.44 | -0.4% |
| 2031 | 32.2 | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.53 | 16.91 | 23.63 | 10 |
| 1990s | 25.26 | 23.15 | 29.93 | 10 |
| 2000s | 34.25 | 25.11 | 40.66 | 10 |
| 2010s | 32.24 | 29.45 | 36.93 | 10 |
| 2020s | 32.41 | 30.47 | 33.76 | 10 |
| 2030s | 32.32 | 32.2 | 32.44 | 2 |
Countries ranked near India
More economy & growth data for India
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is gross national savings, percent of gdp in India?
- Gross national savings, percent of gdp in India was 32.2 in 2031, according to International Monetary Fund.
- What is the highest gross national savings, percent of gdp recorded in India?
- The highest recorded value was 40.66 in 2007.
- What is the lowest gross national savings, percent of gdp recorded in India?
- The lowest recorded value was 16.91 in 1983.
- How does India rank for gross national savings, percent of gdp?
- India ranks 8th out of 25 countries with data for 2031.
- Is gross national savings, percent of gdp rising or falling in India?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Gross national savings, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.