Gross savings in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Gross savings was 40.6% in 2024. ▲ Rising
Gross savings in East Asia & Pacific (excluding high income), 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, gross savings in East Asia & Pacific (excluding high income) stood at 40.6%.
Compared with earlier readings it is up 0.1% on the previous year and down 8.8% over ten years.
Over the whole period, gross savings in East Asia & Pacific (excluding high income) peaked at 48.0% in 2008 and was at its lowest, 31.7%, in 1982.
East Asia & Pacific (excluding high income) ranks 1st of 42 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 43 years of available data.
Gross savings in East Asia & Pacific (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 31.7% | — |
| 1983 | 31.8% | +0.4% |
| 1984 | 33.1% | +4.0% |
| 1985 | 33.2% | +0.4% |
| 1986 | 33.1% | -0.4% |
| 1987 | 35.3% | +6.6% |
| 1988 | 36.0% | +2.1% |
| 1989 | 34.5% | -4.2% |
| 1990 | 34.9% | +1.2% |
| 1991 | 36.4% | +4.3% |
| 1992 | 38.3% | +5.2% |
| 1993 | 39.7% | +3.6% |
| 1994 | 39.8% | +0.3% |
| 1995 | 37.8% | -5.0% |
| 1996 | 36.9% | -2.3% |
| 1997 | 37.8% | +2.3% |
| 1998 | 36.4% | -3.6% |
| 1999 | 34.5% | -5.4% |
| 2000 | 34.6% | +0.4% |
| 2001 | 35.8% | +3.3% |
| 2002 | 36.9% | +3.0% |
| 2003 | 39.7% | +7.6% |
| 2004 | 42.4% | +6.9% |
| 2005 | 42.9% | +1.2% |
| 2006 | 45.0% | +4.9% |
| 2007 | 46.7% | +3.7% |
| 2008 | 48.0% | +2.9% |
| 2009 | 46.7% | -2.7% |
| 2010 | 47.9% | +2.5% |
| 2011 | 46.2% | -3.6% |
| 2012 | 45.5% | -1.5% |
| 2013 | 44.4% | -2.5% |
| 2014 | 44.6% | +0.4% |
| 2015 | 42.6% | -4.4% |
| 2016 | 41.6% | -2.3% |
| 2017 | 42.1% | +1.3% |
| 2018 | 41.6% | -1.1% |
| 2019 | 41.1% | -1.3% |
| 2020 | 40.9% | -0.6% |
| 2021 | 42.0% | +2.8% |
| 2022 | 42.5% | +1.1% |
| 2023 | 40.6% | -4.5% |
| 2024 | 40.6% | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.6% | 31.7% | 36.0% | 8 |
| 1990s | 37.3% | 34.5% | 39.8% | 10 |
| 2000s | 41.9% | 34.6% | 48.0% | 10 |
| 2010s | 43.8% | 41.1% | 47.9% | 10 |
| 2020s | 41.3% | 40.6% | 42.5% | 5 |
Countries ranked near East Asia & Pacific (excluding high income)
- 1 Qatar 57.4% compare
- 2 Suriname 50.3% compare
- 3 Macau, China 47.8% compare
- 4 Brunei Darussalam 45.3% compare
More economy & growth data for East Asia & Pacific (excluding high income)
- Foreign direct investment, net outflows (BoP, current US$), gaps 176.21 billion BoP, current US$ (2025)
- GDP (current US$), annual growth rate 4.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5647 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 6,123 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.42 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5372 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 5,825 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.94 % change on previous year (2025)
- GDP (constant 2015 US$), per capita 10,615 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9789 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in East Asia & Pacific (excluding high income)?
- Gross savings in East Asia & Pacific (excluding high income) was 40.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 48.0% in 2008.
- What is the lowest gross savings recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 31.7% in 1982.
- How does East Asia & Pacific (excluding high income) rank for gross savings?
- East Asia & Pacific (excluding high income) ranks 1st out of 42 groups with data for 2024.
- Is gross savings rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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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 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.