Korea - Gross domestic savings
Gross domestic savings (current US$)
The latest value for Gross domestic savings (current US$) in Korea was $581,717,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $619,649,000,000 in 2018 and $24,871,370 in 1960.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $24,871,370 |
| 1961 | $69,315,780 |
| 1962 | $93,308,050 |
| 1963 | $354,155,200 |
| 1964 | $311,953,600 |
| 1965 | $237,237,200 |
| 1966 | $460,713,500 |
| 1967 | $532,825,700 |
| 1968 | $881,836,200 |
| 1969 | $1,372,258,000 |
| 1970 | $1,474,433,000 |
| 1971 | $1,427,913,000 |
| 1972 | $1,822,648,000 |
| 1973 | $3,107,301,000 |
| 1974 | $4,208,223,000 |
| 1975 | $4,315,289,000 |
| 1976 | $7,424,587,000 |
| 1977 | $10,863,430,000 |
| 1978 | $15,794,420,000 |
| 1979 | $20,201,450,000 |
| 1980 | $16,592,690,000 |
| 1981 | $18,343,240,000 |
| 1982 | $20,870,360,000 |
| 1983 | $26,702,290,000 |
| 1984 | $32,075,240,000 |
| 1985 | $33,870,950,000 |
| 1986 | $42,631,910,000 |
| 1987 | $58,074,690,000 |
| 1988 | $82,241,240,000 |
| 1989 | $95,417,890,000 |
| 1990 | $109,939,000,000 |
| 1991 | $128,674,000,000 |
| 1992 | $135,141,000,000 |
| 1993 | $149,748,000,000 |
| 1994 | $176,049,000,000 |
| 1995 | $215,292,000,000 |
| 1996 | $221,860,000,000 |
| 1997 | $207,336,000,000 |
| 1998 | $146,748,000,000 |
| 1999 | $180,653,000,000 |
| 2000 | $199,357,000,000 |
| 2001 | $179,877,000,000 |
| 2002 | $201,739,000,000 |
| 2003 | $237,386,000,000 |
| 2004 | $285,691,000,000 |
| 2005 | $325,537,000,000 |
| 2006 | $353,867,000,000 |
| 2007 | $399,641,000,000 |
| 2008 | $349,994,000,000 |
| 2009 | $317,815,000,000 |
| 2010 | $404,542,000,000 |
| 2011 | $431,467,000,000 |
| 2012 | $435,259,000,000 |
| 2013 | $473,162,000,000 |
| 2014 | $517,120,000,000 |
| 2015 | $533,188,000,000 |
| 2016 | $552,104,000,000 |
| 2017 | $601,421,000,000 |
| 2018 | $619,649,000,000 |
| 2019 | $566,265,000,000 |
| 2020 | $581,717,000,000 |
Gross domestic savings (current LCU)
The value for Gross domestic savings (current LCU) in Korea was 686,581,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 686,581,000,000,000 in 2020 and a minimum value of 1,570,000,000 in 1960.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 1,570,000,000 |
| 1961 | 8,650,000,000 |
| 1962 | 12,130,000,000 |
| 1963 | 46,040,000,000 |
| 1964 | 66,710,000,000 |
| 1965 | 63,200,000,000 |
| 1966 | 125,010,000,000 |
| 1967 | 144,140,000,000 |
| 1968 | 243,960,000,000 |
| 1969 | 395,430,000,000 |
| 1970 | 457,900,000,000 |
| 1971 | 495,700,000,000 |
| 1972 | 716,100,000,000 |
| 1973 | 1,237,700,000,000 |
| 1974 | 1,702,100,000,000 |
| 1975 | 2,088,600,000,000 |
| 1976 | 3,593,500,000,000 |
| 1977 | 5,257,900,000,000 |
| 1978 | 7,644,500,000,000 |
| 1979 | 9,777,500,000,000 |
| 1980 | 10,078,900,000,000 |
| 1981 | 12,492,300,000,000 |
| 1982 | 15,257,900,000,000 |
| 1983 | 20,714,300,000,000 |
| 1984 | 25,852,000,000,000 |
| 1985 | 29,468,400,000,000 |
| 1986 | 37,577,900,000,000 |
| 1987 | 47,770,500,000,000 |
| 1988 | 60,157,000,000,000 |
| 1989 | 64,069,300,000,000 |
| 1990 | 77,810,500,000,000 |
| 1991 | 94,362,900,000,000 |
| 1992 | 105,498,000,000,000 |
| 1993 | 120,198,000,000,000 |
| 1994 | 141,447,000,000,000 |
| 1995 | 166,048,000,000,000 |
| 1996 | 178,476,000,000,000 |
| 1997 | 197,237,000,000,000 |
| 1998 | 205,659,000,000,000 |
| 1999 | 214,764,000,000,000 |
| 2000 | 225,465,000,000,000 |
| 2001 | 232,219,000,000,000 |
| 2002 | 252,393,000,000,000 |
| 2003 | 282,872,000,000,000 |
| 2004 | 327,207,000,000,000 |
| 2005 | 333,388,000,000,000 |
| 2006 | 337,868,000,000,000 |
| 2007 | 371,369,000,000,000 |
| 2008 | 385,710,000,000,000 |
| 2009 | 405,828,000,000,000 |
| 2010 | 467,675,000,000,000 |
| 2011 | 478,191,000,000,000 |
| 2012 | 490,307,000,000,000 |
| 2013 | 518,043,000,000,000 |
| 2014 | 544,507,000,000,000 |
| 2015 | 603,120,000,000,000 |
| 2016 | 640,680,000,000,000 |
| 2017 | 679,861,000,000,000 |
| 2018 | 681,924,000,000,000 |
| 2019 | 659,901,000,000,000 |
| 2020 | 686,581,000,000,000 |
Gross domestic savings (% of GDP)
Gross domestic savings (% of GDP) in Korea was 35.52 as of 2020. Its highest value over the past 60 years was 41.20 in 1988, while its lowest value was 0.63 in 1960.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 0.63 |
| 1961 | 2.87 |
| 1962 | 3.32 |
| 1963 | 8.88 |
| 1964 | 9.02 |
| 1965 | 7.60 |
| 1966 | 11.73 |
| 1967 | 10.97 |
| 1968 | 14.41 |
| 1969 | 17.87 |
| 1970 | 16.37 |
| 1971 | 14.42 |
| 1972 | 16.78 |
| 1973 | 22.39 |
| 1974 | 21.53 |
| 1975 | 19.81 |
| 1976 | 24.83 |
| 1977 | 28.26 |
| 1978 | 30.39 |
| 1979 | 30.18 |
| 1980 | 25.37 |
| 1981 | 25.15 |
| 1982 | 26.63 |
| 1983 | 30.43 |
| 1984 | 32.89 |
| 1985 | 33.44 |
| 1986 | 36.49 |
| 1987 | 39.25 |
| 1988 | 41.20 |
| 1989 | 38.64 |
| 1990 | 38.80 |
| 1991 | 38.92 |
| 1992 | 38.01 |
| 1993 | 38.14 |
| 1994 | 37.97 |
| 1995 | 38.00 |
| 1996 | 36.36 |
| 1997 | 36.39 |
| 1998 | 38.28 |
| 1999 | 36.31 |
| 2000 | 34.60 |
| 2001 | 32.84 |
| 2002 | 32.16 |
| 2003 | 33.78 |
| 2004 | 36.02 |
| 2005 | 34.82 |
| 2006 | 33.60 |
| 2007 | 34.08 |
| 2008 | 33.42 |
| 2009 | 33.67 |
| 2010 | 35.36 |
| 2011 | 34.43 |
| 2012 | 34.05 |
| 2013 | 34.52 |
| 2014 | 34.84 |
| 2015 | 36.38 |
| 2016 | 36.80 |
| 2017 | 37.04 |
| 2018 | 35.92 |
| 2019 | 34.29 |
| 2020 | 35.52 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
