Gross savings in India
India: Gross savings was 34.7% in 2025. ▲ Rising
Gross savings in India, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
India recorded 34.7% for gross savings in 2025.
That represents a change of down 0.2% on the previous year and up 6.9% over ten years.
Over the whole period, gross savings in India peaked at 37.0% in 2007 and was at its lowest, 13.1%, in 1975.
India ranks 27th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Gross savings in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 13.1% | — |
| 1976 | 16.0% | +21.9% |
| 1977 | 15.4% | -3.5% |
| 1978 | 15.1% | -2.3% |
| 1979 | 15.8% | +4.7% |
| 1980 | 14.5% | -7.9% |
| 1981 | 15.8% | +8.8% |
| 1982 | 15.8% | -0.0% |
| 1983 | 15.4% | -2.9% |
| 1984 | 15.8% | +2.9% |
| 1985 | 16.8% | +6.3% |
| 1986 | 15.8% | -6.0% |
| 1987 | 17.0% | +7.6% |
| 1988 | 18.2% | +6.9% |
| 1989 | 20.1% | +10.9% |
| 1990 | 21.2% | +5.3% |
| 1991 | 21.8% | +2.6% |
| 1992 | 23.2% | +6.8% |
| 1993 | 24.1% | +3.6% |
| 1994 | 26.0% | +7.8% |
| 1995 | 27.0% | +3.9% |
| 1996 | 27.0% | +0.3% |
| 1997 | 27.6% | +1.9% |
| 1998 | 25.9% | -6.0% |
| 1999 | 25.6% | -1.0% |
| 2000 | 26.1% | +1.9% |
| 2001 | 26.3% | +0.5% |
| 2002 | 28.1% | +7.1% |
| 2003 | 30.5% | +8.4% |
| 2004 | 33.3% | +9.4% |
| 2005 | 34.4% | +3.3% |
| 2006 | 36.4% | +5.6% |
| 2007 | 37.0% | +1.8% |
| 2008 | 36.3% | -2.0% |
| 2009 | 35.6% | -1.8% |
| 2010 | 36.3% | +1.9% |
| 2011 | 35.1% | -3.2% |
| 2012 | 35.3% | +0.4% |
| 2013 | 34.3% | -2.7% |
| 2014 | 33.5% | -2.4% |
| 2015 | 32.5% | -3.0% |
| 2016 | 31.7% | -2.2% |
| 2017 | 31.7% | -0.1% |
| 2018 | 31.4% | -0.9% |
| 2019 | 29.7% | -5.4% |
| 2020 | 28.7% | -3.4% |
| 2021 | 29.9% | +4.1% |
| 2022 | 33.4% | +11.7% |
| 2023 | 34.4% | +3.0% |
| 2024 | 34.7% | +1.1% |
| 2025 | 34.7% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.1% | 13.1% | 16.0% | 5 |
| 1980s | 16.5% | 14.5% | 20.1% | 10 |
| 1990s | 24.9% | 21.2% | 27.6% | 10 |
| 2000s | 32.4% | 26.1% | 37.0% | 10 |
| 2010s | 33.1% | 29.7% | 36.3% | 10 |
| 2020s | 32.6% | 28.7% | 34.7% | 6 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 8.78 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2575 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 695.86 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 8.78 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 22.07 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 59,646 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.19 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4934 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in India?
- Gross savings in India was 34.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in India?
- The highest recorded value was 37.0% in 2007.
- What is the lowest gross savings recorded in India?
- The lowest recorded value was 13.1% in 1975.
- How does India rank for gross savings?
- India ranks 27th out of 177 countries with data for 2025.
- Is gross savings rising or falling in India?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this India 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.