Gross savings (current US$) in South Korea
South Korea: Gross savings (current US$) was 666.54 billion current US$ in 2025. ◆ Volatile
Latest (2025)
666.54 billion current US$
Change on year
up 1.5%
World rank
9th
of 178 countries
All-time high
710.97 billion current US$
in 2021
All-time low
7.84 billion current US$
in 1976
Years of data
50
1976–2025
Gross savings in South Korea, 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross savings in South Korea stood at 666.54 billion current US$.
The figure is up 1.5% on the previous year and up 20.8% over ten years.
Over the whole period, gross savings in South Korea peaked at 710.97 billion current US$ in 2021 and was at its lowest, 7.84 billion current US$, in 1976.
South Korea ranks 9th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$) in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 7.84 billion current US$ | — |
| 1977 | 11.23 billion current US$ | +43.3% |
| 1978 | 16.78 billion current US$ | +49.4% |
| 1979 | 21.04 billion current US$ | +25.4% |
| 1980 | 16.99 billion current US$ | -19.2% |
| 1981 | 18.63 billion current US$ | +9.6% |
| 1982 | 21.61 billion current US$ | +16.0% |
| 1983 | 27.52 billion current US$ | +27.3% |
| 1984 | 32.71 billion current US$ | +18.9% |
| 1985 | 33.98 billion current US$ | +3.9% |
| 1986 | 43.29 billion current US$ | +27.4% |
| 1987 | 60.59 billion current US$ | +40.0% |
| 1988 | 86.08 billion current US$ | +42.1% |
| 1989 | 99.63 billion current US$ | +15.7% |
| 1990 | 115.55 billion current US$ | +16.0% |
| 1991 | 134.68 billion current US$ | +16.6% |
| 1992 | 141.61 billion current US$ | +5.1% |
| 1993 | 156.50 billion current US$ | +10.5% |
| 1994 | 182.71 billion current US$ | +16.7% |
| 1995 | 222.00 billion current US$ | +21.5% |
| 1996 | 227.60 billion current US$ | +2.5% |
| 1997 | 212.01 billion current US$ | -6.9% |
| 1998 | 150.50 billion current US$ | -29.0% |
| 1999 | 183.72 billion current US$ | +22.1% |
| 2000 | 204.06 billion current US$ | +11.1% |
| 2001 | 183.36 billion current US$ | -10.1% |
| 2002 | 206.20 billion current US$ | +12.5% |
| 2003 | 241.04 billion current US$ | +16.9% |
| 2004 | 292.46 billion current US$ | +21.3% |
| 2005 | 328.84 billion current US$ | +12.4% |
| 2006 | 360.22 billion current US$ | +9.5% |
| 2007 | 408.16 billion current US$ | +13.3% |
| 2008 | 362.93 billion current US$ | -11.1% |
| 2009 | 325.70 billion current US$ | -10.3% |
| 2010 | 417.40 billion current US$ | +28.2% |
| 2011 | 449.33 billion current US$ | +7.6% |
| 2012 | 458.51 billion current US$ | +2.0% |
| 2013 | 495.19 billion current US$ | +8.0% |
| 2014 | 538.02 billion current US$ | +8.6% |
| 2015 | 551.57 billion current US$ | +2.5% |
| 2016 | 573.08 billion current US$ | +3.9% |
| 2017 | 623.38 billion current US$ | +8.8% |
| 2018 | 645.39 billion current US$ | +3.5% |
| 2019 | 600.51 billion current US$ | -7.0% |
| 2020 | 623.96 billion current US$ | +3.9% |
| 2021 | 710.97 billion current US$ | +13.9% |
| 2022 | 617.32 billion current US$ | -13.2% |
| 2023 | 615.42 billion current US$ | -0.3% |
| 2024 | 656.96 billion current US$ | +6.7% |
| 2025 | 666.54 billion current US$ | +1.5% |
South Korea compared with similar countries
- South Korea's 666.54 billion current US$ is above the median for high income countries, which is 58.75 billion current US$, 11.3× the median. (63 countries reporting)
- South Korea's 666.54 billion current US$ is above the median for East Asia & Pacific, which is 6.81 billion current US$, 97.8× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.22 billion current US$ | 7.84 billion current US$ | 21.04 billion current US$ | 4 |
| 1980s | 44.10 billion current US$ | 16.99 billion current US$ | 99.63 billion current US$ | 10 |
| 1990s | 172.69 billion current US$ | 115.55 billion current US$ | 227.60 billion current US$ | 10 |
| 2000s | 291.30 billion current US$ | 183.36 billion current US$ | 408.16 billion current US$ | 10 |
| 2010s | 535.24 billion current US$ | 417.40 billion current US$ | 645.39 billion current US$ | 10 |
| 2020s | 648.53 billion current US$ | 615.42 billion current US$ | 710.97 billion current US$ | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
Frequently asked questions
- What is gross savings in South Korea?
- Gross savings in South Korea was 666.54 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in South Korea?
- The highest recorded value was 710.97 billion current US$ in 2021.
- What is the lowest gross savings recorded in South Korea?
- The lowest recorded value was 7.84 billion current US$ in 1976.
- How does South Korea rank for gross savings?
- South Korea ranks 9th out of 178 countries with data for 2025.
- Is gross savings rising or falling in South Korea?
- Over the last ten years it is up 20.8%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.