Gross savings in IBRD only
IBRD only: Gross savings was 32.2% in 2024. ▲ Rising
Gross savings in IBRD only, 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in IBRD only is 32.2%, measured in 2024.
That represents a change of down 0.5% on the previous year and down 4.9% over ten years.
Over the whole period, gross savings in IBRD only peaked at 38.0% in 2008 and was at its lowest, 26.5%, in 1983.
IBRD only ranks 10th of 40 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 43 years of available data.
Gross savings in IBRD only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 26.6% | — |
| 1983 | 26.5% | -0.5% |
| 1984 | 27.7% | +4.5% |
| 1985 | 28.6% | +3.4% |
| 1986 | 27.6% | -3.7% |
| 1987 | 29.2% | +5.9% |
| 1988 | 30.3% | +3.9% |
| 1989 | 29.8% | -1.7% |
| 1990 | 28.6% | -4.1% |
| 1991 | 30.2% | +5.6% |
| 1992 | 31.4% | +3.8% |
| 1993 | 32.4% | +3.4% |
| 1994 | 32.3% | -0.5% |
| 1995 | 30.9% | -4.2% |
| 1996 | 30.4% | -1.5% |
| 1997 | 30.4% | -0.2% |
| 1998 | 29.3% | -3.6% |
| 1999 | 28.7% | -2.2% |
| 2000 | 29.4% | +2.7% |
| 2001 | 29.7% | +0.8% |
| 2002 | 30.4% | +2.5% |
| 2003 | 32.0% | +5.3% |
| 2004 | 34.1% | +6.4% |
| 2005 | 34.8% | +2.0% |
| 2006 | 36.5% | +5.0% |
| 2007 | 37.5% | +2.6% |
| 2008 | 38.0% | +1.3% |
| 2009 | 35.7% | -5.9% |
| 2010 | 37.0% | +3.4% |
| 2011 | 36.3% | -1.9% |
| 2012 | 34.9% | -3.7% |
| 2013 | 33.9% | -2.9% |
| 2014 | 33.8% | -0.2% |
| 2015 | 32.6% | -3.5% |
| 2016 | 31.8% | -2.7% |
| 2017 | 32.4% | +1.9% |
| 2018 | 32.5% | +0.2% |
| 2019 | 31.8% | -2.0% |
| 2020 | 31.6% | -0.8% |
| 2021 | 33.1% | +5.0% |
| 2022 | 33.8% | +1.9% |
| 2023 | 32.4% | -4.2% |
| 2024 | 32.2% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.3% | 26.5% | 30.3% | 8 |
| 1990s | 30.5% | 28.6% | 32.4% | 10 |
| 2000s | 33.8% | 29.4% | 38.0% | 10 |
| 2010s | 33.7% | 31.8% | 37.0% | 10 |
| 2020s | 32.6% | 31.6% | 33.8% | 5 |
Countries ranked near IBRD only
More economy & growth data for IBRD only
- Services, value added 22.76 trillion constant 2015 US$ (2025)
- Trade in services 8.6% (2025)
- Industry (including construction), value added 13.90 trillion current US$ (2025)
- Industry (including construction), value added 13.07 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 3.9% (2025)
- Industry (including construction), value added 32.3% (2025)
- Services, value added 25.22 trillion current US$ (2025)
- GDP 39.04 trillion constant 2015 US$ (2025)
- GDP 43.06 trillion current US$ (2025)
- Inflation, GDP deflator 3.9% (2025)
Frequently asked questions
- What is gross savings in IBRD only?
- Gross savings in IBRD only was 32.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in IBRD only?
- The highest recorded value was 38.0% in 2008.
- What is the lowest gross savings recorded in IBRD only?
- The lowest recorded value was 26.5% in 1983.
- How does IBRD only rank for gross savings?
- IBRD only ranks 10th out of 40 groups with data for 2024.
- Is gross savings rising or falling in IBRD only?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is rising.
- Where does this IBRD only 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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CSV · JSON — 43 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 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.