India - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in India was 29.50 as of 2019. Its highest value over the past 44 years was 37.20 in 2007, while its lowest value was 13.10 in 1975.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1975 13.10
1976 16.00
1977 15.40
1978 15.10
1979 15.70
1980 14.50
1981 15.80
1982 15.90
1983 15.40
1984 15.90
1985 16.90
1986 15.90
1987 17.10
1988 18.30
1989 20.40
1990 21.50
1991 22.10
1992 23.60
1993 24.40
1994 26.30
1995 27.30
1996 27.30
1997 27.80
1998 26.10
1999 25.80
2000 26.40
2001 26.50
2002 28.30
2003 30.70
2004 33.60
2005 34.70
2006 36.60
2007 37.20
2008 36.50
2009 35.80
2010 36.70
2011 35.40
2012 35.70
2013 34.70
2014 33.90
2015 32.80
2016 31.50
2017 31.80
2018 31.40
2019 29.50

Gross savings (current US$)

The latest value for Gross savings (current US$) in India was $817,570,000,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $857,848,000,000 in 2019 and $12,898,060,000 in 1975.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $12,898,060,000
1976 $16,399,410,000
1977 $18,715,090,000
1978 $20,675,030,000
1979 $24,125,240,000
1980 $27,065,170,000
1981 $30,586,760,000
1982 $31,725,010,000
1983 $33,513,620,000
1984 $33,511,590,000
1985 $39,058,060,000
1986 $39,311,170,000
1987 $47,386,950,000
1988 $53,851,100,000
1989 $59,636,070,000
1990 $68,091,090,000
1991 $58,774,830,000
1992 $66,999,240,000
1993 $67,263,070,000
1994 $84,931,290,000
1995 $97,158,640,000
1996 $106,271,000,000
1997 $114,573,000,000
1998 $109,086,000,000
1999 $117,630,000,000
2000 $122,340,000,000
2001 $127,476,000,000
2002 $144,757,000,000
2003 $185,172,000,000
2004 $236,377,000,000
2005 $282,359,000,000
2006 $341,883,000,000
2007 $450,331,000,000
2008 $434,649,000,000
2009 $477,946,000,000
2010 $608,347,000,000
2011 $640,470,000,000
2012 $644,449,000,000
2013 $636,942,000,000
2014 $682,415,000,000
2015 $682,697,000,000
2016 $707,499,000,000
2017 $840,696,000,000
2018 $845,920,000,000
2019 $857,848,000,000
2020 $817,570,000,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in India was 60,684,100,000,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 60,818,900,000,000 in 2019 and a minimum value of 111,612,000,000 in 1975.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 111,612,000,000
1976 146,583,000,000
1977 160,248,000,000
1978 169,663,000,000
1979 194,845,000,000
1980 213,620,000,000
1981 273,121,000,000
1982 305,458,000,000
1983 345,596,000,000
1984 398,346,000,000
1985 477,969,000,000
1986 502,652,000,000
1987 614,538,000,000
1988 779,586,000,000
1989 993,680,000,000
1990 1,222,130,000,000
1991 1,441,080,000,000
1992 1,769,540,000,000
1993 2,109,660,000,000
1994 2,666,650,000,000
1995 3,251,140,000,000
1996 3,772,690,000,000
1997 4,257,350,000,000
1998 4,588,390,000,000
1999 5,097,410,000,000
2000 5,589,170,000,000
2001 6,079,800,000,000
2002 7,007,110,000,000
2003 8,509,110,000,000
2004 10,620,900,000,000
2005 12,501,100,000,000
2006 15,470,100,000,000
2007 18,130,600,000,000
2008 19,991,100,000,000
2009 22,675,500,000,000
2010 27,717,600,000,000
2011 30,692,300,000,000
2012 35,063,900,000,000
2013 38,536,200,000,000
2014 41,725,300,000,000
2015 44,695,100,000,000
2016 47,453,400,000,000
2017 54,187,000,000,000
2018 59,149,200,000,000
2019 60,818,900,000,000
2020 60,684,100,000,000

Gross savings (% of GNI)

Gross savings (% of GNI) in India was 31.02 as of 2020. Its highest value over the past 45 years was 37.17 in 2007, while its lowest value was 13.14 in 1975.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 13.14
1976 16.01
1977 15.44
1978 15.08
1979 15.75
1980 14.49
1981 15.80
1982 15.86
1983 15.42
1984 15.89
1985 16.88
1986 15.88
1987 17.11
1988 18.35
1989 20.38
1990 21.50
1991 22.10
1992 23.61
1993 24.42
1994 26.29
1995 27.27
1996 27.30
1997 27.79
1998 26.11
1999 25.84
2000 26.40
2001 26.49
2002 28.30
2003 30.70
2004 33.57
2005 34.67
2006 36.65
2007 37.17
2008 36.47
2009 35.83
2010 36.70
2011 35.44
2012 35.68
2013 34.74
2014 33.87
2015 32.83
2016 31.47
2017 32.05
2018 31.66
2019 30.17
2020 31.02

Gross savings (% of GDP)

Gross savings (% of GDP) in India was 30.73 as of 2020. Its highest value over the past 45 years was 37.01 in 2007, while its lowest value was 13.10 in 1975.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 13.10
1976 15.97
1977 15.40
1978 15.06
1979 15.77
1980 14.53
1981 15.81
1982 15.81
1983 15.35
1984 15.80
1985 16.80
1986 15.79
1987 16.98
1988 18.16
1989 20.14
1990 21.21
1991 21.76
1992 23.25
1993 24.08
1994 25.95
1995 26.97
1996 27.05
1997 27.55
1998 25.89
1999 25.64
2000 26.12
2001 26.26
2002 28.11
2003 30.47
2004 33.33
2005 34.42
2006 36.36
2007 37.01
2008 36.25
2009 35.62
2010 36.31
2011 35.13
2012 35.26
2013 34.30
2014 33.47
2015 32.45
2016 30.83
2017 31.71
2018 31.32
2019 29.88
2020 30.73

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts