Gross savings in Japan
Japan: Gross savings was 32.1% in 2024. ▼ Falling
Gross savings in Japan, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Japan recorded 32.1% for gross savings in 2024.
The figure is up 2.2% on the previous year and up 18.4% over ten years.
Over the whole period, gross savings in Japan peaked at 34.9% in 1996 and was at its lowest, 25.9%, in 2012.
Japan ranks 32nd of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Gross savings in Japan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 34.9% | — |
| 1997 | 34.7% | -0.5% |
| 1998 | 33.4% | -3.7% |
| 1999 | 31.7% | -5.3% |
| 2000 | 32.2% | +1.7% |
| 2001 | 30.9% | -4.0% |
| 2002 | 29.8% | -3.8% |
| 2003 | 29.8% | +0.1% |
| 2004 | 30.3% | +1.7% |
| 2005 | 30.4% | +0.4% |
| 2006 | 30.8% | +1.2% |
| 2007 | 31.3% | +1.8% |
| 2008 | 29.7% | -5.2% |
| 2009 | 26.4% | -11.2% |
| 2010 | 27.3% | +3.6% |
| 2011 | 26.5% | -3.1% |
| 2012 | 25.9% | -2.3% |
| 2013 | 26.2% | +1.3% |
| 2014 | 27.1% | +3.3% |
| 2015 | 29.5% | +9.0% |
| 2016 | 30.1% | +1.8% |
| 2017 | 30.6% | +1.9% |
| 2018 | 30.5% | -0.3% |
| 2019 | 30.6% | +0.3% |
| 2020 | 29.7% | -2.9% |
| 2021 | 31.0% | +4.3% |
| 2022 | 30.2% | -2.5% |
| 2023 | 31.4% | +3.8% |
| 2024 | 32.1% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.7% | 31.7% | 34.9% | 4 |
| 2000s | 30.2% | 26.4% | 32.2% | 10 |
| 2010s | 28.4% | 25.9% | 30.6% | 10 |
| 2020s | 30.9% | 29.7% | 32.1% | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 895,261 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual -7.46 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.2678 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 9,050 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual -0.2994 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 40.53 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 1.37 million current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) -4.58 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Japan?
- Gross savings in Japan was 32.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Japan?
- The highest recorded value was 34.9% in 1996.
- What is the lowest gross savings recorded in Japan?
- The lowest recorded value was 25.9% in 2012.
- How does Japan rank for gross savings?
- Japan ranks 32nd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Japan?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is falling.
- Where does this Japan 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.