Gross savings in IBRD only
IBRD only: Gross savings was 34.0% in 2024. ▲ Rising
Gross savings in IBRD only, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
IBRD only recorded 34.0% for gross savings in 2024.
The figure is down 0.8% on the previous year and up 1.1% over ten years.
Over the whole period, gross savings in IBRD only peaked at 36.2% in 2022 and was at its lowest, 22.4%, in 1982.
IBRD only ranks 10th of 44 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Gross savings in IBRD only, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1978 | 22.8% | — |
| 1979 | 23.2% | +2.0% |
| 1980 | 23.0% | -0.8% |
| 1981 | 22.7% | -1.2% |
| 1982 | 22.4% | -1.3% |
| 1983 | 22.7% | +1.3% |
| 1984 | 24.0% | +5.5% |
| 1985 | 25.4% | +6.0% |
| 1986 | 23.0% | -9.3% |
| 1987 | 24.1% | +4.8% |
| 1988 | 25.4% | +5.4% |
| 1989 | 26.6% | +4.5% |
| 1990 | 23.9% | -10.1% |
| 1991 | 25.3% | +6.1% |
| 1992 | 25.7% | +1.2% |
| 1993 | 26.3% | +2.4% |
| 1994 | 27.0% | +2.6% |
| 1995 | 26.7% | -1.0% |
| 1996 | 26.5% | -0.9% |
| 1997 | 26.1% | -1.3% |
| 1998 | 25.8% | -1.3% |
| 1999 | 26.2% | +1.6% |
| 2000 | 27.0% | +3.3% |
| 2001 | 27.5% | +1.6% |
| 2002 | 28.2% | +2.7% |
| 2003 | 29.3% | +3.7% |
| 2004 | 31.1% | +6.4% |
| 2005 | 31.9% | +2.6% |
| 2006 | 33.7% | +5.6% |
| 2007 | 34.6% | +2.6% |
| 2008 | 35.4% | +2.4% |
| 2009 | 34.2% | -3.5% |
| 2010 | 35.4% | +3.5% |
| 2011 | 34.9% | -1.4% |
| 2012 | 33.8% | -3.1% |
| 2013 | 33.2% | -1.6% |
| 2014 | 33.6% | +1.0% |
| 2015 | 33.6% | -0.0% |
| 2016 | 33.0% | -1.8% |
| 2017 | 33.4% | +1.4% |
| 2018 | 34.1% | +2.0% |
| 2019 | 33.6% | -1.6% |
| 2020 | 34.0% | +1.4% |
| 2021 | 35.8% | +5.1% |
| 2022 | 36.2% | +1.0% |
| 2023 | 34.2% | -5.3% |
| 2024 | 34.0% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.0% | 22.8% | 23.2% | 2 |
| 1980s | 23.9% | 22.4% | 26.6% | 10 |
| 1990s | 25.9% | 23.9% | 27.0% | 10 |
| 2000s | 31.3% | 27.0% | 35.4% | 10 |
| 2010s | 33.9% | 33.0% | 35.4% | 10 |
| 2020s | 34.8% | 34.0% | 36.2% | 5 |
Countries ranked near IBRD only
More economy & growth data for IBRD only
- Services, value added 22.76 trillion constant 2015 US$ (2025)
- Trade in services 8.6% (2025)
- Industry (including construction), value added 13.90 trillion current US$ (2025)
- Industry (including construction), value added 13.07 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 3.9% (2025)
- Industry (including construction), value added 32.3% (2025)
- Services, value added 25.22 trillion current US$ (2025)
- GDP 39.04 trillion constant 2015 US$ (2025)
- GDP 43.06 trillion current US$ (2025)
- Inflation, GDP deflator 3.9% (2025)
Frequently asked questions
- What is gross savings in IBRD only?
- Gross savings in IBRD only was 34.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in IBRD only?
- The highest recorded value was 36.2% in 2022.
- What is the lowest gross savings recorded in IBRD only?
- The lowest recorded value was 22.4% in 1982.
- How does IBRD only rank for gross savings?
- IBRD only ranks 10th out of 44 groups with data for 2024.
- Is gross savings rising or falling in IBRD only?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this IBRD only 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.
Download this data
CSV · JSON — 47 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 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.