Gross savings in East Asia & Pacific
East Asia & Pacific: Gross savings was 37.0% in 2024. ▲ Rising
Gross savings in East Asia & Pacific, 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 is 37.0%, measured in 2024.
The figure is up 1.1% on the previous year and down 2.7% over ten years.
Over the whole period, gross savings in East Asia & Pacific peaked at 40.4% in 2008 and was at its lowest, 31.3%, in 1982.
East Asia & Pacific ranks 3rd 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, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 31.3% | — |
| 1983 | 32.0% | +2.1% |
| 1984 | 33.4% | +4.4% |
| 1985 | 33.4% | +0.1% |
| 1986 | 33.8% | +1.2% |
| 1987 | 36.0% | +6.4% |
| 1988 | 36.7% | +2.1% |
| 1989 | 34.3% | -6.8% |
| 1990 | 34.5% | +0.7% |
| 1991 | 35.4% | +2.5% |
| 1992 | 36.6% | +3.4% |
| 1993 | 37.7% | +3.2% |
| 1994 | 37.9% | +0.5% |
| 1995 | 36.3% | -4.3% |
| 1996 | 35.3% | -2.7% |
| 1997 | 35.9% | +1.6% |
| 1998 | 34.8% | -3.0% |
| 1999 | 33.0% | -5.1% |
| 2000 | 33.1% | +0.1% |
| 2001 | 33.2% | +0.4% |
| 2002 | 33.6% | +1.3% |
| 2003 | 35.4% | +5.3% |
| 2004 | 37.3% | +5.4% |
| 2005 | 37.5% | +0.5% |
| 2006 | 38.9% | +3.8% |
| 2007 | 40.1% | +3.1% |
| 2008 | 40.4% | +0.8% |
| 2009 | 39.0% | -3.5% |
| 2010 | 40.0% | +2.7% |
| 2011 | 38.8% | -3.1% |
| 2012 | 38.3% | -1.4% |
| 2013 | 37.7% | -1.6% |
| 2014 | 38.0% | +0.9% |
| 2015 | 37.4% | -1.6% |
| 2016 | 36.9% | -1.5% |
| 2017 | 37.4% | +1.5% |
| 2018 | 36.9% | -1.3% |
| 2019 | 36.6% | -0.9% |
| 2020 | 36.6% | -0.0% |
| 2021 | 37.8% | +3.4% |
| 2022 | 37.7% | -0.4% |
| 2023 | 36.6% | -2.9% |
| 2024 | 37.0% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.9% | 31.3% | 36.7% | 8 |
| 1990s | 35.7% | 33.0% | 37.9% | 10 |
| 2000s | 36.8% | 33.1% | 40.4% | 10 |
| 2010s | 37.8% | 36.6% | 40.0% | 10 |
| 2020s | 37.1% | 36.6% | 37.8% | 5 |
Countries ranked near East Asia & Pacific
More economy & growth data for East Asia & Pacific
- Gross domestic savings (current US$), annual growth rate 2.7 % change on previous year (2024)
- GDP (current US$), per capita 14,077 current US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 4 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9812 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 13,812 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), per capita 5,119 current US$ per person (2024)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate 4.38 % change on previous year (2025)
- GDP (current US$), annual growth rate 4.52 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3797 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross savings in East Asia & Pacific?
- Gross savings in East Asia & Pacific was 37.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in East Asia & Pacific?
- The highest recorded value was 40.4% in 2008.
- What is the lowest gross savings recorded in East Asia & Pacific?
- The lowest recorded value was 31.3% in 1982.
- How does East Asia & Pacific rank for gross savings?
- East Asia & Pacific ranks 3rd out of 42 groups with data for 2024.
- Is gross savings rising or falling in East Asia & Pacific?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific 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.