Gross savings in Japan
Japan: Gross savings was 30.2% in 2024. ▼ Falling
Gross savings in Japan, 1996–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
The most recent figure for gross savings in Japan is 30.2%, measured in 2024.
The figure is up 1.8% on the previous year and up 15.7% over ten years.
Over the whole period, gross savings in Japan peaked at 34.5% in 1996 and was at its lowest, 25.2%, in 2012.
That places Japan 38th out of 177 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Gross savings in Japan, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1996 | 34.5% | — |
| 1997 | 34.3% | -0.7% |
| 1998 | 33.0% | -3.6% |
| 1999 | 31.3% | -5.3% |
| 2000 | 31.8% | +1.5% |
| 2001 | 30.5% | -4.1% |
| 2002 | 29.3% | -3.7% |
| 2003 | 29.3% | -0.0% |
| 2004 | 29.7% | +1.3% |
| 2005 | 29.8% | +0.2% |
| 2006 | 30.0% | +0.7% |
| 2007 | 30.4% | +1.4% |
| 2008 | 28.9% | -4.9% |
| 2009 | 25.7% | -11.1% |
| 2010 | 26.6% | +3.5% |
| 2011 | 25.7% | -3.3% |
| 2012 | 25.2% | -2.2% |
| 2013 | 25.3% | +0.6% |
| 2014 | 26.1% | +3.1% |
| 2015 | 28.4% | +8.8% |
| 2016 | 29.1% | +2.3% |
| 2017 | 29.6% | +1.7% |
| 2018 | 29.4% | -0.4% |
| 2019 | 29.5% | +0.2% |
| 2020 | 28.7% | -2.7% |
| 2021 | 29.6% | +3.3% |
| 2022 | 28.5% | -3.8% |
| 2023 | 29.7% | +4.0% |
| 2024 | 30.2% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.3% | 31.3% | 34.5% | 4 |
| 2000s | 29.6% | 25.7% | 31.8% | 10 |
| 2010s | 27.5% | 25.2% | 29.6% | 10 |
| 2020s | 29.4% | 28.5% | 30.2% | 5 |
Countries ranked near Japan
More economy & growth data for Japan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.4463 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 895,261 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual -7.46 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.2678 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 9,050 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual -0.2994 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 40.53 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 1.37 million current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) -4.58 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Japan?
- Gross savings in Japan was 30.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Japan?
- The highest recorded value was 34.5% in 1996.
- What is the lowest gross savings recorded in Japan?
- The lowest recorded value was 25.2% in 2012.
- How does Japan rank for gross savings?
- Japan ranks 38th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Japan?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is falling.
- Where does this Japan 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 — 29 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.