Gross savings in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Gross savings was 40.6% in 2024. ▲ Rising
Gross savings in East Asia & Pacific (IDA & IBRD countries), 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in East Asia & Pacific (IDA & IBRD countries) is 40.6%, measured in 2024.
The figure 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 (IDA & IBRD countries) peaked at 48.0% in 2008 and was at its lowest, 31.7%, in 1982.
That places East Asia & Pacific (IDA & IBRD countries) 1st out of 42 groups with data for 2024, putting it 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 (IDA & IBRD countries), 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 (IDA & IBRD countries)
- 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 (IDA & IBRD countries)
- Foreign direct investment, net outflows (BoP, current US$), gaps 176.21 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3857 current US$ per US$ of GDP (2024)
- GDP 22.73 trillion constant 2015 US$ (2025)
- GDP 23.22 trillion current US$ (2025)
- Inflation, GDP deflator 3.0% (2025)
- Gross capital formation (current US$), per capita 4,053 current US$ per person (2024)
- Gross fixed capital formation (current US$), per capita 3,958 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 0.8097 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3766 current US$ per US$ of GDP (2024)
- GDP growth 4.9% (2025)
Frequently asked questions
- What is gross savings in East Asia & Pacific (IDA & IBRD countries)?
- Gross savings in East Asia & Pacific (IDA & IBRD countries) 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 (IDA & IBRD countries)?
- The highest recorded value was 48.0% in 2008.
- What is the lowest gross savings recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 31.7% in 1982.
- How does East Asia & Pacific (IDA & IBRD countries) rank for gross savings?
- East Asia & Pacific (IDA & IBRD countries) ranks 1st out of 42 groups with data for 2024.
- Is gross savings rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- 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 (IDA & IBRD countries) 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.