United States's gross savings (current US$) was US$4.86 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 40.49% from US$3.46 trillion in 2014 (3.46% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$4.86 trillion | 2024 |
| Five years earlier | US$4.2 trillion | 2019 |
| Ten years earlier | US$3.46 trillion | 2014 |
| Highest | US$4.86 trillion | 2024 |
| Lowest | US$231.4 billion | 1970 |
| Average since 2015 | US$4.15 trillion | 2015–2024 |
| First recorded | US$231.4 billion |
What the numbers say
In 2024, United States' gross savings (current US$) rose 2.2% on 2023 (from US$4.76 trillion to US$4.86 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +5.1% and a typical year strayed about 7.5% from that (the standard deviation). This year's change was 0.4 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 23% in 1984 and the biggest yearly fall was 11.8% in 2008. 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 US$156.39 billion a year. A straight line explains 89% 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.
A straight-line projection, tested first
Extending that straight line gives about US$5.29 trillion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was US$186.89 billion, against US$596.35 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, United States had the 2nd highest value of the 48 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 United States in the 2024 ranking
- China — 1st of 48: US$8 trillion
- Japan — 3rd of 48: US$1.34 trillion
- Iraq — 4th of 48: US$89.52 billion
- Kazakhstan — 5th of 48: US$84.5 billion
What this measures
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 55 values
| Year | Gross savings (current US$) |
|---|---|
| 2024 | 4,861,125,000,000 |
| 2023 | 4,757,046,000,000 |
| 2022 | 4,762,609,000,000 |
| 2021 | 4,197,241,000,000 |
| 2020 | 3,924,546,000,000 |
| 2019 | 4,198,942,000,000 |
| 2018 | 3,971,706,000,000 |
| 2017 | 3,721,852,000,000 |
| 2016 | 3,489,290,000,000 |
| 2015 | 3,602,984,000,000 |
Gross savings (current US$) in nearby economies
More economic policy & debt data for United States
- Total reserves, including gold (current US$) — US$1.39 trillion (2025)
- Total reserves, excluding gold (current US$) — US$243.27 billion (2025)
- GDP (current US$) — US$30.77 trillion (2025)
- GDP (current LCU) — 30.77 trillion (2025)
- GDP (constant 2015 US$) — US$23.22 trillion (2025)
- GDP (constant LCU) — 25.15 trillion (2025)
- GDP per capita (current US$) — US$90,027 (2025)
- GDP per capita (current LCU) — 90,027 (2025)
- GDP per capita (constant 2015 US$) — US$67,946 (2025)
- GDP per capita (constant LCU) — 73,574 (2025)
Reading data like this
Questions people ask
- What is United States's gross savings (current US$)?
- US$4.86 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 2,001% from US$231.4 billion in 1970 (5.8% a year on average, compounded). The highest value was US$4.86 trillion in 2024 and the lowest US$231.4 billion in 1970.
Source
World Bank, World Development Indicators, indicator NY.GNS.ICTR.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in