OECD members - Gross savings (% of GDP)

Gross savings (% of GDP) in OECD members was 21.99 as of 2020. Its highest value over the past 45 years was 23.62 in 1978, while its lowest value was 19.11 in 1993.

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 21.88
1976 22.50
1977 22.80
1978 23.62
1979 23.58
1980 22.42
1981 22.31
1982 21.35
1983 20.76
1984 22.07
1985 21.52
1986 21.04
1987 21.31
1988 22.18
1989 21.79
1990 21.07
1991 20.41
1992 19.34
1993 19.11
1994 19.88
1995 20.95
1996 22.52
1997 23.21
1998 23.58
1999 22.98
2000 23.12
2001 22.34
2002 21.58
2003 21.18
2004 21.84
2005 22.12
2006 22.92
2007 22.42
2008 20.88
2009 19.18
2010 20.19
2011 20.80
2012 21.46
2013 21.61
2014 22.32
2015 22.70
2016 22.30
2017 22.95
2018 23.06
2019 23.15
2020 21.99

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts