Israel's adjusted savings, gross savings (% of GNI) was 29.59% in 2021, the latest year in the World Bank's World Development Indicators. That is up 4.4 percentage points from 25.18% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 29.59% | 2021 |
| Five years earlier | 27.1% | 2016 |
| Ten years earlier | 25.18% | 2011 |
| Highest | 31.84% | 1972 |
| Lowest | 19.48% | 1970 |
| Average since 2012 | 27.18% | 2012–2021 |
| First recorded | 19.48% | 1970 |
What the numbers say
In 2021, Israel's adjusted savings, gross savings (% of GNI) rose 0.03 percentage points on 2020 (from 29.56% to 29.59%).
Across the 30 yearly changes before that (1991 to 2020), the average change was +0.16 percentage points and a typical year strayed about 1.13 percentage points from that (the standard deviation). This year's change was 0.1 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 8.14 percentage points in 1971 and the biggest yearly fall was 7.45 percentage points in 1974. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about 0.43 percentage points a year. A straight line explains 72% 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
In 2021, Israel had the 41st highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Israel in the 2021 ranking
- Russian Federation — 37th of 132: 30.21%
- Cambodia — 38th of 132: 30.17%
- Germany — 39th of 132: 29.6%
- Czechia — 41st of 132: 29.49%
- Netherlands — 42nd of 132: 29.29%
- Dominican Republic — 43rd of 132: 29.25%
What this measures
Gross savings are the difference between gross national income and public and private consumption, plus net current 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.
Limitations: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 52 values
| Year | Adjusted savings, gross savings (% of GNI) |
|---|---|
| 2021 | 29.59 |
| 2020 | 29.56 |
| 2019 | 27.21 |
| 2018 | 26.79 |
| 2017 | 26.77 |
| 2016 | 27.1 |
| 2015 | 27.48 |
| 2014 | 27.1 |
| 2013 | 25.58 |
| 2012 | 24.6 |
| 2011 |
Adjusted savings, gross savings (% of GNI) in nearby economies
More economic policy & debt data for Israel
- Portfolio equity, net inflows (BoP, current US$) — US$4.91 billion (2025)
- Total reserves, including gold (current US$) — US$229.49 billion (2025)
- Total reserves, excluding gold (current US$) — US$229.49 billion (2025)
- Gross fixed capital formation (current US$) — US$145.39 billion (2025)
- Gross fixed capital formation (current LCU) — 501.88 billion (2025)
- Gross fixed capital formation (constant 2015 US$) — US$102.07 billion (2025)
- Gross fixed capital formation (constant LCU) — 412.25 billion (2025)
- Gross fixed capital formation (% of GDP) — 23.8% (2025)
- Changes in inventories (current US$) — US$3.31 billion (2025)
Reading data like this
Questions people ask
- What is Israel's adjusted savings, gross savings (% of GNI)?
- 29.59% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 10.1 percentage points from 19.48% in 1970. The highest value was 31.84% in 1972 and the lowest 19.48% in 1970.
- How does Israel rank?
- 41st highest of 132 economies with data for 2021.
- Is the latest change in adjusted savings, gross savings (% of GNI) unusual for Israel?
- In 2021, Israel's adjusted savings, gross savings (% of GNI) rose 0.03 percentage points on 2020 (from 29.56% to 29.59%). Across the 30 yearly changes before that (1991 to 2020), the average change was +0.16 percentage points and a typical year strayed about 1.13 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.ICTR.GN.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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