Gross savings in South Korea
South Korea: Gross savings was 35.0% in 2025. ▲ Rising
Gross savings in South Korea, 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2025, gross savings in South Korea stood at 35.0%.
That represents a change of up 1.3% on the previous year and down 2.0% over ten years.
Over the whole period, gross savings in South Korea peaked at 42.2% in 1988 and was at its lowest, 25.4%, in 1981.
South Korea ranks 26th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross savings in South Korea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 25.9% | — |
| 1977 | 28.8% | +11.3% |
| 1978 | 31.7% | +9.9% |
| 1979 | 31.0% | -2.3% |
| 1980 | 25.8% | -16.8% |
| 1981 | 25.4% | -1.3% |
| 1982 | 27.3% | +7.4% |
| 1983 | 31.0% | +13.7% |
| 1984 | 33.3% | +7.2% |
| 1985 | 33.5% | +0.6% |
| 1986 | 36.9% | +10.1% |
| 1987 | 40.3% | +9.3% |
| 1988 | 42.2% | +4.8% |
| 1989 | 39.3% | -6.9% |
| 1990 | 39.6% | +0.8% |
| 1991 | 39.6% | -0.1% |
| 1992 | 38.6% | -2.3% |
| 1993 | 38.6% | -0.0% |
| 1994 | 38.2% | -1.0% |
| 1995 | 38.0% | -0.6% |
| 1996 | 36.2% | -4.8% |
| 1997 | 36.2% | -0.0% |
| 1998 | 38.4% | +6.1% |
| 1999 | 36.0% | -6.1% |
| 2000 | 34.4% | -4.5% |
| 2001 | 32.5% | -5.4% |
| 2002 | 31.8% | -2.1% |
| 2003 | 33.2% | +4.3% |
| 2004 | 35.6% | +7.2% |
| 2005 | 34.1% | -4.3% |
| 2006 | 33.0% | -3.2% |
| 2007 | 33.5% | +1.6% |
| 2008 | 33.2% | -0.8% |
| 2009 | 33.2% | -0.2% |
| 2010 | 34.9% | +5.3% |
| 2011 | 34.2% | -2.2% |
| 2012 | 34.0% | -0.5% |
| 2013 | 34.3% | +0.9% |
| 2014 | 34.4% | +0.3% |
| 2015 | 35.7% | +3.8% |
| 2016 | 36.2% | +1.2% |
| 2017 | 36.3% | +0.4% |
| 2018 | 35.2% | -2.9% |
| 2019 | 34.0% | -3.5% |
| 2020 | 35.5% | +4.3% |
| 2021 | 36.2% | +2.1% |
| 2022 | 33.9% | -6.4% |
| 2023 | 32.9% | -3.0% |
| 2024 | 34.5% | +5.0% |
| 2025 | 35.0% | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.3% | 25.9% | 31.7% | 4 |
| 1980s | 33.5% | 25.4% | 42.2% | 10 |
| 1990s | 37.9% | 36.0% | 39.6% | 10 |
| 2000s | 33.5% | 31.8% | 35.6% | 10 |
| 2010s | 34.9% | 34.0% | 36.3% | 10 |
| 2020s | 34.7% | 32.9% | 36.2% | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Manufacturing, value added (constant LCU), per capita 12.06 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3433 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 12,437 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.48 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 488.33 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 17.69 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1897 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3525 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,771 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross savings in South Korea?
- Gross savings in South Korea was 35.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in South Korea?
- The highest recorded value was 42.2% in 1988.
- What is the lowest gross savings recorded in South Korea?
- The lowest recorded value was 25.4% in 1981.
- How does South Korea rank for gross savings?
- South Korea ranks 26th out of 177 countries with data for 2025.
- Is gross savings rising or falling in South Korea?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is rising.
- Where does this South Korea 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.