Gross savings in South Korea
South Korea: Gross savings 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$, in 1976.
South Korea ranks 9th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in South Korea, year by year
| Year | current US$ | 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
- 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 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.