Gross savings in IDA & IBRD total
IDA & IBRD total: Gross savings was 31.7% in 2024. ▲ Rising
Gross savings in IDA & IBRD total, 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
IDA & IBRD total recorded 31.7% for gross savings in 2024.
The figure is down 0.4% on the previous year and down 4.5% over ten years.
Over the whole period, gross savings in IDA & IBRD total peaked at 37.2% in 2008 and was at its lowest, 26.1%, in 1983.
IDA & IBRD total ranks 11th of 42 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 IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 26.2% | — |
| 1983 | 26.1% | -0.5% |
| 1984 | 27.1% | +4.0% |
| 1985 | 28.0% | +3.4% |
| 1986 | 27.1% | -3.3% |
| 1987 | 28.7% | +5.8% |
| 1988 | 29.7% | +3.6% |
| 1989 | 29.2% | -1.5% |
| 1990 | 28.1% | -3.8% |
| 1991 | 29.7% | +5.5% |
| 1992 | 30.8% | +3.7% |
| 1993 | 31.8% | +3.2% |
| 1994 | 31.7% | -0.1% |
| 1995 | 30.4% | -4.1% |
| 1996 | 30.0% | -1.6% |
| 1997 | 29.9% | -0.1% |
| 1998 | 28.9% | -3.5% |
| 1999 | 28.3% | -2.2% |
| 2000 | 29.0% | +2.7% |
| 2001 | 29.3% | +0.9% |
| 2002 | 30.0% | +2.6% |
| 2003 | 31.6% | +5.3% |
| 2004 | 33.6% | +6.3% |
| 2005 | 34.1% | +1.6% |
| 2006 | 35.9% | +5.0% |
| 2007 | 36.7% | +2.5% |
| 2008 | 37.2% | +1.3% |
| 2009 | 35.0% | -5.9% |
| 2010 | 36.2% | +3.4% |
| 2011 | 35.5% | -1.9% |
| 2012 | 34.2% | -3.8% |
| 2013 | 33.2% | -2.8% |
| 2014 | 33.2% | -0.0% |
| 2015 | 32.0% | -3.6% |
| 2016 | 31.3% | -2.5% |
| 2017 | 31.9% | +2.0% |
| 2018 | 32.0% | +0.2% |
| 2019 | 31.3% | -1.9% |
| 2020 | 31.1% | -0.8% |
| 2021 | 32.6% | +4.9% |
| 2022 | 33.2% | +1.7% |
| 2023 | 31.9% | -3.9% |
| 2024 | 31.7% | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.8% | 26.1% | 29.7% | 8 |
| 1990s | 30.0% | 28.1% | 31.8% | 10 |
| 2000s | 33.2% | 29.0% | 37.2% | 10 |
| 2010s | 33.1% | 31.3% | 36.2% | 10 |
| 2020s | 32.1% | 31.1% | 33.2% | 5 |
Countries ranked near IDA & IBRD total
More economy & growth data for IDA & IBRD total
- Industry (including construction), value added 14.76 trillion current US$ (2025)
- External balance on goods and services 1.0% (2025)
- Trade 49.1% (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.74 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 3.55 trillion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 3.4% (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5252 constant 2015 US$ per US$ of GDP (2025)
- Services, value added 26.74 trillion current US$ (2025)
- Services, value added (constant 2015 US$), per capita 3,473 constant 2015 US$ per person (2025)
- Industry (including construction), value added 31.9% (2025)
Frequently asked questions
- What is gross savings in IDA & IBRD total?
- Gross savings in IDA & IBRD total was 31.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in IDA & IBRD total?
- The highest recorded value was 37.2% in 2008.
- What is the lowest gross savings recorded in IDA & IBRD total?
- The lowest recorded value was 26.1% in 1983.
- How does IDA & IBRD total rank for gross savings?
- IDA & IBRD total ranks 11th out of 42 groups with data for 2024.
- Is gross savings rising or falling in IDA & IBRD total?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.
- Where does this IDA & IBRD total 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.