Korea - Gross savings
Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Korea was 34.49 as of 2019. Its highest value over the past 43 years was 41.74 in 1988, while its lowest value was 24.86 in 1981.
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 |
|---|---|
| 1976 | 25.66 |
| 1977 | 28.63 |
| 1978 | 31.50 |
| 1979 | 30.71 |
| 1980 | 25.33 |
| 1981 | 24.86 |
| 1982 | 26.67 |
| 1983 | 30.40 |
| 1984 | 32.56 |
| 1985 | 32.76 |
| 1986 | 36.20 |
| 1987 | 39.65 |
| 1988 | 41.74 |
| 1989 | 38.83 |
| 1990 | 39.07 |
| 1991 | 39.08 |
| 1992 | 38.18 |
| 1993 | 38.25 |
| 1994 | 37.99 |
| 1995 | 37.82 |
| 1996 | 36.09 |
| 1997 | 36.11 |
| 1998 | 38.22 |
| 1999 | 35.77 |
| 2000 | 34.12 |
| 2001 | 32.16 |
| 2002 | 31.57 |
| 2003 | 33.10 |
| 2004 | 35.52 |
| 2005 | 34.01 |
| 2006 | 32.99 |
| 2007 | 33.54 |
| 2008 | 33.31 |
| 2009 | 33.33 |
| 2010 | 34.99 |
| 2011 | 34.46 |
| 2012 | 34.31 |
| 2013 | 34.63 |
| 2014 | 34.82 |
| 2015 | 36.24 |
| 2016 | 36.65 |
| 2017 | 36.86 |
| 2018 | 35.71 |
| 2019 | 34.49 |
Gross savings (current US$)
The latest value for Gross savings (current US$) in Korea was $590,795,000,000 as of 2020. Over the past 44 years, the value for this indicator has fluctuated between $618,443,000,000 in 2018 and $7,638,149,000 in 1976.
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 |
|---|---|
| 1976 | $7,638,149,000 |
| 1977 | $10,976,510,000 |
| 1978 | $16,416,250,000 |
| 1979 | $20,523,920,000 |
| 1980 | $16,417,060,000 |
| 1981 | $17,881,860,000 |
| 1982 | $20,702,810,000 |
| 1983 | $26,402,040,000 |
| 1984 | $31,295,920,000 |
| 1985 | $32,456,030,000 |
| 1986 | $41,385,980,000 |
| 1987 | $57,951,450,000 |
| 1988 | $82,665,250,000 |
| 1989 | $95,609,970,000 |
| 1990 | $110,588,000,000 |
| 1991 | $129,077,000,000 |
| 1992 | $135,574,000,000 |
| 1993 | $149,990,000,000 |
| 1994 | $175,695,000,000 |
| 1995 | $213,504,000,000 |
| 1996 | $219,452,000,000 |
| 1997 | $204,621,000,000 |
| 1998 | $144,606,000,000 |
| 1999 | $175,999,000,000 |
| 2000 | $195,287,000,000 |
| 2001 | $174,909,000,000 |
| 2002 | $197,296,000,000 |
| 2003 | $231,769,000,000 |
| 2004 | $281,278,000,000 |
| 2005 | $315,675,000,000 |
| 2006 | $346,409,000,000 |
| 2007 | $392,280,000,000 |
| 2008 | $348,993,000,000 |
| 2009 | $314,158,000,000 |
| 2010 | $400,934,000,000 |
| 2011 | $434,509,000,000 |
| 2012 | $443,153,000,000 |
| 2013 | $477,710,000,000 |
| 2014 | $519,319,000,000 |
| 2015 | $532,788,000,000 |
| 2016 | $551,821,000,000 |
| 2017 | $601,075,000,000 |
| 2018 | $618,443,000,000 |
| 2019 | $574,371,000,000 |
| 2020 | $590,795,000,000 |
Gross savings (current LCU)
The value for Gross savings (current LCU) in Korea was 697,295,000,000,000 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 697,295,000,000,000 in 2020 and a minimum value of 3,696,860,000,000 in 1976.
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 |
|---|---|
| 1976 | 3,696,860,000,000 |
| 1977 | 5,312,630,000,000 |
| 1978 | 7,945,460,000,000 |
| 1979 | 9,933,580,000,000 |
| 1980 | 9,972,220,000,000 |
| 1981 | 12,178,100,000,000 |
| 1982 | 15,135,400,000,000 |
| 1983 | 20,481,400,000,000 |
| 1984 | 25,223,900,000,000 |
| 1985 | 28,237,400,000,000 |
| 1986 | 36,479,700,000,000 |
| 1987 | 47,669,100,000,000 |
| 1988 | 60,467,100,000,000 |
| 1989 | 64,198,300,000,000 |
| 1990 | 78,269,400,000,000 |
| 1991 | 94,659,000,000,000 |
| 1992 | 105,836,000,000,000 |
| 1993 | 120,393,000,000,000 |
| 1994 | 141,162,000,000,000 |
| 1995 | 164,669,000,000,000 |
| 1996 | 176,539,000,000,000 |
| 1997 | 194,654,000,000,000 |
| 1998 | 202,656,000,000,000 |
| 1999 | 209,231,000,000,000 |
| 2000 | 220,862,000,000,000 |
| 2001 | 225,806,000,000,000 |
| 2002 | 246,836,000,000,000 |
| 2003 | 276,179,000,000,000 |
| 2004 | 322,153,000,000,000 |
| 2005 | 323,288,000,000,000 |
| 2006 | 330,748,000,000,000 |
| 2007 | 364,529,000,000,000 |
| 2008 | 384,607,000,000,000 |
| 2009 | 401,157,000,000,000 |
| 2010 | 463,505,000,000,000 |
| 2011 | 481,563,000,000,000 |
| 2012 | 499,199,000,000,000 |
| 2013 | 523,022,000,000,000 |
| 2014 | 546,823,000,000,000 |
| 2015 | 602,667,000,000,000 |
| 2016 | 640,352,000,000,000 |
| 2017 | 679,471,000,000,000 |
| 2018 | 680,597,000,000,000 |
| 2019 | 669,348,000,000,000 |
| 2020 | 697,295,000,000,000 |
Gross savings (% of GNI)
Gross savings (% of GNI) in Korea was 35.80 as of 2020. Its highest value over the past 44 years was 41.74 in 1988, while its lowest value was 24.86 in 1981.
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 |
|---|---|
| 1976 | 25.66 |
| 1977 | 28.63 |
| 1978 | 31.50 |
| 1979 | 30.71 |
| 1980 | 25.33 |
| 1981 | 24.86 |
| 1982 | 26.67 |
| 1983 | 30.40 |
| 1984 | 32.56 |
| 1985 | 32.76 |
| 1986 | 36.20 |
| 1987 | 39.65 |
| 1988 | 41.74 |
| 1989 | 38.83 |
| 1990 | 39.07 |
| 1991 | 39.08 |
| 1992 | 38.18 |
| 1993 | 38.25 |
| 1994 | 37.99 |
| 1995 | 37.82 |
| 1996 | 36.09 |
| 1997 | 36.11 |
| 1998 | 38.22 |
| 1999 | 35.77 |
| 2000 | 34.12 |
| 2001 | 32.16 |
| 2002 | 31.57 |
| 2003 | 33.10 |
| 2004 | 35.52 |
| 2005 | 34.01 |
| 2006 | 32.99 |
| 2007 | 33.54 |
| 2008 | 33.31 |
| 2009 | 33.33 |
| 2010 | 34.99 |
| 2011 | 34.46 |
| 2012 | 34.31 |
| 2013 | 34.63 |
| 2014 | 34.82 |
| 2015 | 36.24 |
| 2016 | 36.65 |
| 2017 | 36.86 |
| 2018 | 35.71 |
| 2019 | 34.48 |
| 2020 | 35.80 |
Gross savings (% of GDP)
Gross savings (% of GDP) in Korea was 36.07 as of 2020. Its highest value over the past 44 years was 41.42 in 1988, while its lowest value was 24.52 in 1981.
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 |
|---|---|
| 1976 | 25.54 |
| 1977 | 28.55 |
| 1978 | 31.59 |
| 1979 | 30.66 |
| 1980 | 25.10 |
| 1981 | 24.52 |
| 1982 | 26.42 |
| 1983 | 30.08 |
| 1984 | 32.10 |
| 1985 | 32.04 |
| 1986 | 35.42 |
| 1987 | 39.17 |
| 1988 | 41.42 |
| 1989 | 38.72 |
| 1990 | 39.03 |
| 1991 | 39.04 |
| 1992 | 38.13 |
| 1993 | 38.20 |
| 1994 | 37.90 |
| 1995 | 37.68 |
| 1996 | 35.97 |
| 1997 | 35.91 |
| 1998 | 37.72 |
| 1999 | 35.38 |
| 2000 | 33.89 |
| 2001 | 31.94 |
| 2002 | 31.45 |
| 2003 | 32.98 |
| 2004 | 35.46 |
| 2005 | 33.77 |
| 2006 | 32.89 |
| 2007 | 33.45 |
| 2008 | 33.32 |
| 2009 | 33.28 |
| 2010 | 35.04 |
| 2011 | 34.67 |
| 2012 | 34.66 |
| 2013 | 34.85 |
| 2014 | 34.99 |
| 2015 | 36.35 |
| 2016 | 36.79 |
| 2017 | 37.01 |
| 2018 | 35.85 |
| 2019 | 34.78 |
| 2020 | 36.07 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
