Gross national savings, Percent of GDP in Korea
Korea: Gross national savings, Percent of GDP was 34.97 in 2031. ▬ Flat
Gross national savings, Percent of GDP in Korea, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross national savings, percent of gdp in Korea is 34.97, measured in 2031.
Compared with earlier readings it is down 0.4% on the previous year and down 4.8% over ten years.
Over the whole period, gross national savings, percent of gdp in Korea peaked at 43.79 in 1988 and was at its lowest, 26.21, in 1981.
That places Korea 5th out of 25 countries with data for 2031, putting it in the top quarter.
Gross national savings, Percent of GDP in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 26.68 | — |
| 1981 | 26.21 | -1.8% |
| 1982 | 28.26 | +7.8% |
| 1983 | 32.09 | +13.6% |
| 1984 | 34.27 | +6.8% |
| 1985 | 34.23 | -0.1% |
| 1986 | 37.71 | +10.2% |
| 1987 | 41.59 | +10.3% |
| 1988 | 43.79 | +5.3% |
| 1989 | 40.95 | -6.5% |
| 1990 | 41.35 | +1.0% |
| 1991 | 41.3 | -0.1% |
| 1992 | 40.34 | -2.3% |
| 1993 | 40.32 | -0.1% |
| 1994 | 39.85 | -1.2% |
| 1995 | 39.58 | -0.7% |
| 1996 | 37.69 | -4.8% |
| 1997 | 37.7 | +0.0% |
| 1998 | 39.65 | +5.2% |
| 1999 | 37.25 | -6.1% |
| 2000 | 34.18 | -8.3% |
| 2001 | 32.36 | -5.3% |
| 2002 | 31.81 | -1.7% |
| 2003 | 33.16 | +4.2% |
| 2004 | 35.61 | +7.4% |
| 2005 | 33.93 | -4.7% |
| 2006 | 32.97 | -2.8% |
| 2007 | 33.57 | +1.8% |
| 2008 | 33.38 | -0.6% |
| 2009 | 33.27 | -0.3% |
| 2010 | 35.06 | +5.4% |
| 2011 | 34.46 | -1.7% |
| 2012 | 34.44 | -0.0% |
| 2013 | 34.64 | +0.6% |
| 2014 | 34.69 | +0.1% |
| 2015 | 35.91 | +3.5% |
| 2016 | 36.38 | +1.3% |
| 2017 | 36.52 | +0.4% |
| 2018 | 35.46 | -2.9% |
| 2019 | 34.36 | -3.1% |
| 2020 | 35.88 | +4.4% |
| 2021 | 36.72 | +2.3% |
| 2022 | 34.42 | -6.2% |
| 2023 | 33.5 | -2.7% |
| 2024 | 35.3 | +5.4% |
| 2025 | 35.7 | +1.1% |
| 2026 | 34.76 | -2.6% |
| 2027 | 34.93 | +0.5% |
| 2028 | 35.08 | +0.4% |
| 2029 | 35.15 | +0.2% |
| 2030 | 35.1 | -0.2% |
| 2031 | 34.97 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 34.58 | 26.21 | 43.79 | 10 |
| 1990s | 39.5 | 37.25 | 41.35 | 10 |
| 2000s | 33.42 | 31.81 | 35.61 | 10 |
| 2010s | 35.19 | 34.36 | 36.52 | 10 |
| 2020s | 35.15 | 33.5 | 36.72 | 10 |
| 2030s | 35.03 | 34.97 | 35.1 | 2 |
Countries ranked near Korea
- 2 Singapore 43.05 compare
- 3 Chinese Taipei 39.81 compare
- 4 United Arab Emirates 38.41 compare
- 6 Hong Kong, China 32.54 compare
- 7 Türkiye 32.29 compare
- 8 India 32.2 compare
More economy & growth data for Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross national savings, percent of gdp in Korea?
- Gross national savings, percent of gdp in Korea was 34.97 in 2031, according to International Monetary Fund.
- What is the highest gross national savings, percent of gdp recorded in Korea?
- The highest recorded value was 43.79 in 1988.
- What is the lowest gross national savings, percent of gdp recorded in Korea?
- The lowest recorded value was 26.21 in 1981.
- How does Korea rank for gross national savings, percent of gdp?
- Korea ranks 5th out of 25 countries with data for 2031.
- Is gross national savings, percent of gdp rising or falling in Korea?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is flat.
- Where does this Korea 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.