High income: Gross domestic savings (% of GDP)

Key figures

What the numbers say

In 2024, High income's gross domestic savings (% of GDP) fell 0.19 percentage points on 2023 (from 24.12% to 23.94%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.01 percentage points and a typical year strayed about 0.7 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 1.27 percentage points in 1973 and the biggest yearly fall was 2.57 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 0.08 percentage points a year. A straight line explains 36% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

What this measures

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 55 values

Gross domestic savings (% of GDP) in nearby economies

• Algeria — 39.96% (2025)
• Bahrain — 46.07% (2024)
• Djibouti — 16.24% (2025)
• Egypt, Arab Rep. — 1.2% (2025)
• Iran, Islamic Rep. — 33.04% (2025)
• Iraq — 31.41% (2024)
• Israel — 26.47% (2025)
• Kuwait — 32.62% (2024)
• Lebanon — -34.15% (2024)
• Libya — 36.79% (2025)
• Malta — 37.91% (2025)

More economic policy & debt data for High income

• Portfolio equity, net inflows (BoP, current US$) — US$1.87 trillion (2025)
• GDP (current US$) — US$76.88 trillion (2025)
• GDP (constant 2015 US$) — US$60.73 trillion (2025)
• GDP per capita (current US$) — US$53,997 (2025)
• GDP per capita (constant 2015 US$) — US$42,653 (2025)
• GNI (current US$) — US$76.76 trillion (2025)
• GDP (annual % growth) — 1.91% (2025)
• GDP per capita (annual % growth) — 1.49% (2025)
• Net bilateral aid flows from DAC donors, Austria (current US$) — US$327,620 (2023)
• Net bilateral aid flows from DAC donors, Belgium (current US$)

Reading data like this

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Questions people ask

What is High income's gross domestic savings (% of GDP)?

23.94% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is down 1.86 percentage points from 25.8% in 1970. The highest value was 27.19% in 1973 and the lowest 21.05% in 2009.

Is the latest change in gross domestic savings (% of GDP) unusual for High income?

In 2024, High income's gross domestic savings (% of GDP) fell 0.19 percentage points on 2023 (from 24.12% to 23.94%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.01 percentage points and a typical year strayed about 0.7 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator NY.GDS.TOTL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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