Gross savings in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Gross savings was 17.2% in 2025. ▼ Falling
Gross savings in United Kingdom of Great Britain and Northern Ireland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, gross savings in United Kingdom of Great Britain and Northern Ireland stood at 17.2%.
Compared with earlier readings it is up 2.5% on the previous year and up 25.4% over ten years.
Over the whole period, gross savings in United Kingdom of Great Britain and Northern Ireland peaked at 24.8% in 1970 and was at its lowest, 12.7%, in 2013.
That places United Kingdom of Great Britain and Northern Ireland 120th out of 178 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Gross savings in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 24.8% | — |
| 1971 | 23.8% | -4.1% |
| 1972 | 22.4% | -5.7% |
| 1973 | 23.2% | +3.6% |
| 1974 | 20.4% | -12.3% |
| 1975 | 19.6% | -3.7% |
| 1976 | 20.9% | +6.7% |
| 1977 | 22.1% | +5.5% |
| 1978 | 22.4% | +1.6% |
| 1979 | 21.5% | -3.9% |
| 1980 | 19.9% | -7.5% |
| 1981 | 18.7% | -6.2% |
| 1982 | 18.5% | -0.9% |
| 1983 | 19.2% | +3.5% |
| 1984 | 19.5% | +1.6% |
| 1985 | 19.0% | -2.5% |
| 1986 | 17.8% | -6.3% |
| 1987 | 18.0% | +1.3% |
| 1988 | 18.2% | +1.0% |
| 1989 | 17.9% | -1.6% |
| 1990 | 16.6% | -7.1% |
| 1991 | 15.9% | -4.1% |
| 1992 | 14.9% | -6.3% |
| 1993 | 14.8% | -1.0% |
| 1994 | 16.9% | +14.6% |
| 1995 | 15.7% | -7.1% |
| 1996 | 15.9% | +1.2% |
| 1997 | 16.6% | +4.1% |
| 1998 | 17.9% | +8.1% |
| 1999 | 16.4% | -8.4% |
| 2000 | 17.1% | +4.2% |
| 2001 | 17.0% | -0.5% |
| 2002 | 16.7% | -1.8% |
| 2003 | 16.5% | -1.3% |
| 2004 | 15.8% | -4.3% |
| 2005 | 16.4% | +4.0% |
| 2006 | 15.8% | -3.7% |
| 2007 | 15.5% | -2.2% |
| 2008 | 14.4% | -6.7% |
| 2009 | 12.9% | -10.3% |
| 2010 | 13.9% | +7.1% |
| 2011 | 14.9% | +7.3% |
| 2012 | 13.4% | -9.9% |
| 2013 | 12.7% | -5.6% |
| 2014 | 13.6% | +7.7% |
| 2015 | 13.7% | +0.5% |
| 2016 | 13.3% | -2.5% |
| 2017 | 15.8% | +18.0% |
| 2018 | 15.2% | -3.8% |
| 2019 | 16.5% | +9.2% |
| 2020 | 15.6% | -6.0% |
| 2021 | 18.1% | +16.6% |
| 2022 | 16.4% | -9.5% |
| 2023 | 14.9% | -9.4% |
| 2024 | 16.8% | +12.5% |
| 2025 | 17.2% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.1% | 19.6% | 24.8% | 10 |
| 1980s | 18.7% | 17.8% | 19.9% | 10 |
| 1990s | 16.2% | 14.8% | 17.9% | 10 |
| 2000s | 15.8% | 12.9% | 17.1% | 10 |
| 2010s | 14.3% | 12.7% | 16.5% | 10 |
| 2020s | 16.5% | 14.9% | 18.1% | 6 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 3.58 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.2324 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 13,385 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.08 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2525 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 14,544 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.56 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1888 current US$ per US$ of GDP (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is gross savings in United Kingdom of Great Britain and Northern Ireland?
- Gross savings in United Kingdom of Great Britain and Northern Ireland was 17.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 24.8% in 1970.
- What is the lowest gross savings recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 12.7% in 2013.
- How does United Kingdom of Great Britain and Northern Ireland rank for gross savings?
- United Kingdom of Great Britain and Northern Ireland ranks 120th out of 178 countries with data for 2025.
- Is gross savings rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 25.4%. The long-run trend across the full record is falling.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.