Gross savings in Ukraine
Ukraine: Gross savings was 11.3% in 2024. ▼ Falling
Gross savings in Ukraine, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Ukraine is 11.3%, measured in 2024.
The figure is down 12.0% on the previous year and up 13.6% over ten years.
Over the whole period, gross savings in Ukraine peaked at 32.3% in 1994 and was at its lowest, 7.9%, in 2013.
That places Ukraine 155th out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gross savings in Ukraine, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 32.3% | — |
| 1995 | 23.4% | -27.5% |
| 1996 | 20.0% | -14.6% |
| 1997 | 18.8% | -6.0% |
| 1998 | 18.3% | -2.4% |
| 1999 | 22.5% | +22.5% |
| 2000 | 20.9% | -6.8% |
| 2001 | 21.9% | +4.6% |
| 2002 | 23.9% | +9.1% |
| 2003 | 23.9% | +0.2% |
| 2004 | 27.9% | +16.7% |
| 2005 | 21.9% | -21.4% |
| 2006 | 19.4% | -11.5% |
| 2007 | 20.2% | +4.1% |
| 2008 | 16.2% | -19.8% |
| 2009 | 12.1% | -25.5% |
| 2010 | 13.9% | +15.5% |
| 2011 | 11.7% | -15.9% |
| 2012 | 12.3% | +4.9% |
| 2013 | 7.9% | -35.9% |
| 2014 | 9.9% | +25.6% |
| 2015 | 21.5% | +116.7% |
| 2016 | 19.7% | -8.0% |
| 2017 | 16.9% | -14.5% |
| 2018 | 13.6% | -19.2% |
| 2019 | 12.3% | -9.8% |
| 2020 | 12.2% | -0.5% |
| 2021 | 12.6% | +2.8% |
| 2022 | 16.4% | +30.7% |
| 2023 | 12.8% | -22.1% |
| 2024 | 11.3% | -12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.5% | 18.3% | 32.3% | 6 |
| 2000s | 20.8% | 12.1% | 27.9% | 10 |
| 2010s | 14.0% | 7.9% | 21.5% | 10 |
| 2020s | 13.0% | 11.3% | 16.4% | 5 |
Countries ranked near Ukraine
More economy & growth data for Ukraine
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.93 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 5,491 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.31 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1787 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 982.16 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 9.35 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 7.45 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 40,945 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -0.4783 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Ukraine?
- Gross savings in Ukraine was 11.3% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Ukraine?
- The highest recorded value was 32.3% in 1994.
- What is the lowest gross savings recorded in Ukraine?
- The lowest recorded value was 7.9% in 2013.
- How does Ukraine rank for gross savings?
- Ukraine ranks 155th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Ukraine?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is falling.
- Where does this Ukraine 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.
Download this data
CSV · JSON — 31 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.