Gross savings in European Union
European Union: Gross savings was 23.5% in 2025. ▲ Rising
Gross savings in European Union, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2025, gross savings in European Union stood at 23.5%.
That represents a change of down 4.9% on the previous year and down 0.3% over ten years.
Over the whole period, gross savings in European Union peaked at 26.1% in 2021 and was at its lowest, 20.8%, in 1982.
That places European Union 24th out of 46 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 43 years of available data.
Gross savings in European Union, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 23.7% | — |
| 1976 | 23.9% | +0.8% |
| 1977 | 23.5% | -1.9% |
| 1978 | 23.8% | +1.4% |
| 1979 | 23.6% | -0.7% |
| 1980 | 22.7% | -3.7% |
| 1981 | 21.1% | -7.0% |
| 1982 | 20.8% | -1.5% |
| 1983 | 21.1% | +1.4% |
| 1984 | 21.8% | +3.1% |
| 1985 | 21.8% | +0.3% |
| 1986 | 22.7% | +3.9% |
| 1987 | 22.3% | -1.8% |
| 1988 | 23.2% | +4.2% |
| 1989 | 23.5% | +1.4% |
| 1990 | 23.6% | +0.5% |
| 1999 | 23.0% | -2.8% |
| 2000 | 22.9% | -0.5% |
| 2001 | 22.9% | +0.1% |
| 2002 | 22.5% | -1.6% |
| 2003 | 22.0% | -2.1% |
| 2004 | 22.7% | +3.1% |
| 2005 | 22.7% | +0.1% |
| 2006 | 23.6% | +3.7% |
| 2007 | 24.2% | +2.8% |
| 2008 | 23.2% | -4.3% |
| 2009 | 20.9% | -9.9% |
| 2010 | 21.5% | +2.8% |
| 2011 | 22.3% | +4.0% |
| 2012 | 22.0% | -1.5% |
| 2013 | 22.3% | +1.4% |
| 2014 | 23.0% | +2.9% |
| 2015 | 23.6% | +2.8% |
| 2016 | 24.0% | +1.9% |
| 2017 | 24.4% | +1.7% |
| 2018 | 24.8% | +1.7% |
| 2019 | 25.2% | +1.5% |
| 2020 | 24.5% | -2.9% |
| 2021 | 26.1% | +6.6% |
| 2022 | 24.9% | -4.7% |
| 2023 | 25.1% | +0.9% |
| 2024 | 24.7% | -1.4% |
| 2025 | 23.5% | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.7% | 23.5% | 23.9% | 5 |
| 1980s | 22.1% | 20.8% | 23.5% | 10 |
| 1990s | 23.3% | 23.0% | 23.6% | 2 |
| 2000s | 22.8% | 20.9% | 24.2% | 10 |
| 2010s | 23.3% | 21.5% | 25.2% | 10 |
| 2020s | 24.8% | 23.5% | 26.1% | 6 |
Countries ranked near European Union
More economy & growth data for European Union
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3645 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.162 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 7,627 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.24 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4582 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 21,574 current US$ per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.67 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.48 % change on previous year (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.1427 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 485.94 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross savings in European Union?
- Gross savings in European Union was 23.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in European Union?
- The highest recorded value was 26.1% in 2021.
- What is the lowest gross savings recorded in European Union?
- The lowest recorded value was 20.8% in 1982.
- How does European Union rank for gross savings?
- European Union ranks 24th out of 46 groups with data for 2025.
- Is gross savings rising or falling in European Union?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this European Union data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GNI). 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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.