Gross savings in Late-demographic dividend
Late-demographic dividend: Gross savings was 34.6% in 2024. ▲ Rising
Gross savings in Late-demographic dividend, 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Late-demographic dividend is 34.6%, measured in 2024.
That represents a change of up 0.4% on the previous year and down 7.4% over ten years.
Over the whole period, gross savings in Late-demographic dividend peaked at 40.7% in 2008 and was at its lowest, 29.0%, in 1983.
Late-demographic dividend ranks 6th 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 Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 29.6% | — |
| 1983 | 29.0% | -1.9% |
| 1984 | 30.8% | +6.4% |
| 1985 | 31.4% | +1.8% |
| 1986 | 31.4% | -0.1% |
| 1987 | 33.8% | +7.6% |
| 1988 | 34.9% | +3.4% |
| 1989 | 34.8% | -0.2% |
| 1990 | 32.8% | -6.0% |
| 1991 | 34.0% | +3.9% |
| 1992 | 35.5% | +4.4% |
| 1993 | 36.3% | +2.1% |
| 1994 | 35.5% | -2.2% |
| 1995 | 32.7% | -7.8% |
| 1996 | 32.0% | -2.3% |
| 1997 | 32.0% | -0.1% |
| 1998 | 30.8% | -3.7% |
| 1999 | 30.4% | -1.1% |
| 2000 | 31.1% | +2.4% |
| 2001 | 31.5% | +1.2% |
| 2002 | 32.2% | +2.2% |
| 2003 | 34.4% | +7.0% |
| 2004 | 37.1% | +7.6% |
| 2005 | 37.3% | +0.6% |
| 2006 | 39.0% | +4.5% |
| 2007 | 40.2% | +3.1% |
| 2008 | 40.7% | +1.4% |
| 2009 | 38.3% | -6.1% |
| 2010 | 39.7% | +3.8% |
| 2011 | 39.1% | -1.5% |
| 2012 | 38.4% | -1.8% |
| 2013 | 37.5% | -2.5% |
| 2014 | 37.4% | -0.4% |
| 2015 | 35.8% | -4.2% |
| 2016 | 34.7% | -3.0% |
| 2017 | 35.2% | +1.5% |
| 2018 | 35.2% | -0.2% |
| 2019 | 34.5% | -2.0% |
| 2020 | 34.5% | +0.1% |
| 2021 | 36.1% | +4.6% |
| 2022 | 36.4% | +0.9% |
| 2023 | 34.5% | -5.3% |
| 2024 | 34.6% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.0% | 29.0% | 34.9% | 8 |
| 1990s | 33.2% | 30.4% | 36.3% | 10 |
| 2000s | 36.2% | 31.1% | 40.7% | 10 |
| 2010s | 36.8% | 34.5% | 39.7% | 10 |
| 2020s | 35.2% | 34.5% | 36.4% | 5 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- Industry (including construction), value added (current US$), per 4,553 current US$ per person (2025)
- Industry (including construction), value added 10.08 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 4.6% (2025)
- Industry (including construction), value added 33.3% (2025)
- Industry (including construction), value added (current US$), per 0.3329 current US$ per US$ of GDP (2025)
- Services, value added 18.38 trillion current US$ (2025)
- Services, value added 16.42 trillion constant 2015 US$ (2025)
- Services, value added 57.7% (2025)
- Services, value added (current US$), per unit of GDP 0.5766 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 7.62 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Late-demographic dividend?
- Gross savings in Late-demographic dividend was 34.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Late-demographic dividend?
- The highest recorded value was 40.7% in 2008.
- What is the lowest gross savings recorded in Late-demographic dividend?
- The lowest recorded value was 29.0% in 1983.
- How does Late-demographic dividend rank for gross savings?
- Late-demographic dividend ranks 6th out of 42 groups with data for 2024.
- Is gross savings rising or falling in Late-demographic dividend?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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.