Data / Gross savings, share of GDP / Ethiopia

Gross savings, share of GDP in Ethiopia

Gross savings, share of GDP in Ethiopia was 19.7% of GDP in 2024, according to the World Bank. That is down 0.4 pts from 2023.

2024, % of GDP19.7
Change on 2023-0.4 pts
Series high33.32018
Series low19.72024

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Gross savings, share of GDP in Ethiopia, 2011 to 2024

152025303520112013201520172019202120242011: 32.6 % of GDP2012: 30.9 % of GDP2013: 28.3 % of GDP2014: 31.5 % of GDP2015: 29.9 % of GDP2016: 31.8 % of GDP2017: 26.8 % of GDP2018: 33.3 % of GDP2019: 29.4 % of GDP2020: 27.8 % of GDP2021: 25.2 % of GDP2022: 21.7 % of GDP2023: 20.1 % of GDP2024: 19.7 % of GDP15202530352011201620242011: 32.6 % of GDP2012: 30.9 % of GDP2013: 28.3 % of GDP2014: 31.5 % of GDP2015: 29.9 % of GDP2016: 31.8 % of GDP2017: 26.8 % of GDP2018: 33.3 % of GDP2019: 29.4 % of GDP2020: 27.8 % of GDP2021: 25.2 % of GDP2022: 21.7 % of GDP2023: 20.1 % of GDP2024: 19.7 % of GDP
% of GDP. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 14 values
Period% of GDP
202419.7
202320.1
202221.7
202125.2
202027.8
201929.4
201833.3
201726.8
201631.8
201529.9
201431.5
201328.3
201230.9
201132.6

Ethiopia compared with nearby places

Albania: 22.5 % of GDPArmenia: 19.7 % of GDPAngola: 15.9 % of GDPArgentina: 16.7 % of GDPAustria: 25.4 % of GDPAustralia: 22.9 % of GDPAzerbaijan: 27.2 % of GDPBosnia and Herzegovina: 21.3 % of GDPBangladesh: 34.4 % of GDPBelgium: 24.7 % of GDPBurkina Faso: 15.9 % of GDPBulgaria: 18.8 % of GDPBurundi: 40.8 % of GDPBrunei: 47.7 % of GDPBolivia: 13.8 % of GDPBrazil: 14.1 % of GDPBahamas: 19.2 % of GDPBhutan: 22.9 % of GDPBotswana: 32 % of GDPBelarus: 25.6 % of GDPBelize: 20.3 % of GDPCanada: 21.3 % of GDPDemocratic Republic of the Congo: 27.6 % of GDPSwitzerland: 34.5 % of GDPCôte d’Ivoire: 17.2 % of GDPChile: 21.9 % of GDPCameroon: 15.5 % of GDPChina: 42.7 % of GDPColombia: 14.5 % of GDPCosta Rica: 13.8 % of GDPCape Verde: 20.3 % of GDPCyprus: 12.5 % of GDPCzechia: 28.9 % of GDPGermany: 27.1 % of GDPDjibouti: 14.9 % of GDPDenmark: 35.4 % of GDPDominican Republic: 23.8 % of GDPAlgeria: 39.4 % of GDPEcuador: 25.1 % of GDPEstonia: 23.9 % of GDPEgypt: 9.3 % of GDPSpain: 24.4 % of GDPEthiopia: 19.7 % of GDPFinland: 22 % of GDPFiji: 13.1 % of GDPFrance: 21.5 % of GDPUnited Kingdom: 16.8 % of GDPGeorgia: 19.2 % of GDPGhana: 12.4 % of GDPGambia: 25.9 % of GDPGuinea: 9.6 % of GDPGreece: 10.8 % of GDPGuatemala: 19.3 % of GDPGuinea-Bissau: 19.1 % of GDPHong Kong: 29.2 % of GDPHonduras: 18.9 % of GDPCroatia: 22.1 % of GDPHaiti: 13.4 % of GDPHungary: 25.6 % of GDPIndonesia: 34.7 % of GDPIreland: 34.8 % of GDPIsrael: 26.7 % of GDPIndia: 34.7 % of GDPIraq: 32 % of GDPIceland: 23 % of GDPItaly: 23.3 % of GDPJapan: 32.1 % of GDPKenya: 15.6 % of GDPKyrgyzstan: 11.9 % of GDPCambodia: 40.5 % of GDPKiribati: 12.9 % of GDPSouth Korea: 35 % of GDPKuwait: 44.1 % of GDPKazakhstan: 29 % of GDPSri Lanka: 27.6 % of GDPLesotho: 21.3 % of GDPLithuania: 23.9 % of GDPLuxembourg: 11.8 % of GDPLatvia: 18.8 % of GDPMorocco: 28.9 % of GDPMoldova: 5.7 % of GDPMontenegro: 8.8 % of GDPMadagascar: 17.5 % of GDPNorth Macedonia: 28.4 % of GDPMali: 15.1 % of GDPMongolia: 25.6 % of GDPMauritania: 34.4 % of GDPMauritius: 21.1 % of GDPMalawi: 2.2 % of GDPMexico: 18.4 % of GDPMalaysia: 23.4 % of GDPMozambique: 1.7 % of GDPNamibia: 9.5 % of GDPNiger: 17.5 % of GDPNicaragua: 28.5 % of GDPNetherlands: 28.9 % of GDPNorway: 38.7 % of GDPNepal: 36 % of GDPNew Zealand: 18.9 % of GDPOman: 27.7 % of GDPPanama: 33 % of GDPPeru: 22.6 % of GDPPhilippines: 29.1 % of GDPPakistan: 13.8 % of GDPPoland: 18.1 % of GDPPalestine: 7.5 % of GDPPortugal: 22.1 % of GDPParaguay: 19.9 % of GDPRomania: 16.8 % of GDPSerbia: 20.6 % of GDPRussia: 30.9 % of GDPRwanda: 22.8 % of GDPSaudi Arabia: 30.4 % of GDPSolomon Islands: 1.1 % of GDPSudan: 2.5 % of GDPSweden: 31.2 % of GDPSingapore: 40.5 % of GDPSlovenia: 26.2 % of GDPSlovakia: 15.9 % of GDPSierra Leone: 19.2 % of GDPEl Salvador: 17.4 % of GDPEswatini: 18.2 % of GDPThailand: 24.1 % of GDPTajikistan: 38.8 % of GDPTimor-Leste: -21.1 % of GDPTunisia: 5.5 % of GDPTürkiye: 29.9 % of GDPTanzania: 36.5 % of GDPUkraine: 11.3 % of GDPUganda: 24.7 % of GDPUnited States: 16.6 % of GDPUruguay: 15.1 % of GDPUzbekistan: 29.7 % of GDPVenezuela: 15.6 % of GDPVietnam: 37 % of GDPSamoa: 30 % of GDPSouth Africa: 13.6 % of GDPZambia: 32.2 % of GDPZimbabwe: 10.7 % of GDP
  • Under 0
  • 0 to 18
  • 18 to 26
  • 26 and over
  • No data
Gross savings, share of GDP, 2024, % of GDP. Ethiopia is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Gross national income less total final consumption, plus net transfers from abroad, as a percentage of GDP. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

National saving of households, companies and government together, not the household saving rate. It is negative when the country consumes more than its income. Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Gross savings (% of GDP) (NY.GNS.ICTR.ZS). https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Gross savings (% of GDP) (NY.GNS.ICTR.ZS) (Gross savings, share of GDP, Ethiopia, 2011 to 2024) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS

MLA 9

Gross savings (% of GDP) (NY.GNS.ICTR.ZS), Gross savings, share of GDP, Ethiopia, 2011 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Invokely, https://invokely.ai/en/gross-savings-gdp/ethiopia. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Gross savings, share of GDP, Ethiopia, 2011 to 2024. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Also distributed by Invokely, https://invokely.ai/en/gross-savings-gdp/ethiopia.

Harvard

World Bank (2026) Gross savings (% of GDP) (NY.GNS.ICTR.ZS), Gross savings, share of GDP, Ethiopia, 2011 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS, via Invokely: https://invokely.ai/en/gross-savings-gdp/ethiopia (Accessed: 18 October 2026).

BibTeX
@misc{world_gross_savings_share_of_2024,
  author = {{World Bank}},
  title = {{Gross savings (\% of GDP) (NY.GNS.ICTR.ZS): Gross savings, share of GDP, Ethiopia, 2011 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/gross-savings-gdp/ethiopia. Publisher attribution: World Bank, World Development Indicators. Gross savings (\% of GDP) (NY.GNS.ICTR.ZS). https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Gross savings (% of GDP) (NY.GNS.ICTR.ZS): Gross savings, share of GDP, Ethiopia, 2011 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS
L2  - https://invokely.ai/en/gross-savings-gdp/ethiopia
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/gross-savings-gdp/ethiopia.
N1  - Publisher attribution: World Bank, World Development Indicators. Gross savings (% of GDP) (NY.GNS.ICTR.ZS). https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the gross savings, share of GDP in Ethiopia?

Gross savings, share of GDP in Ethiopia was 19.7% of GDP in 2024, according to the World Bank. That is down 0.4 pts from 2023.

Where does this figure come from?

World Bank. Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest gross savings, share of GDP in Ethiopia?

33.3% of GDP in 2018, the highest value since 2011 in this series.

Gross savings, share of GDP in other countries

Related statistics for Ethiopia

All statistics for Ethiopia | Ethiopia in figures