Data / Gross savings, share of GDP / South Korea

Gross savings, share of GDP in South Korea

Gross savings, share of GDP in South Korea was 35.6% of GDP in 2025, according to the World Bank. That is up 0.6 pts from 2024.

2025, % of GDP35.6
Change on 2024+0.6 pts
Series high41.91988
Series low25.11981

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Gross savings, share of GDP in South Korea, 1976 to 2025

253035404519761984199220002008201620251976: 25.8 % of GDP1977: 28.7 % of GDP1978: 31.8 % of GDP1979: 30.9 % of GDP1980: 25.5 % of GDP1981: 25.1 % of GDP1982: 27 % of GDP1983: 30.7 % of GDP1984: 32.8 % of GDP1985: 32.8 % of GDP1986: 36.1 % of GDP1987: 39.8 % of GDP1988: 41.9 % of GDP1989: 39.2 % of GDP1990: 39.6 % of GDP1991: 39.5 % of GDP1992: 38.6 % of GDP1993: 38.6 % of GDP1994: 38.1 % of GDP1995: 37.9 % of GDP1996: 36.1 % of GDP1997: 36 % of GDP1998: 37.9 % of GDP1999: 35.6 % of GDP2000: 34.2 % of GDP2001: 32.3 % of GDP2002: 31.7 % of GDP2003: 33.1 % of GDP2004: 35.5 % of GDP2005: 33.8 % of GDP2006: 32.9 % of GDP2007: 33.4 % of GDP2008: 33.2 % of GDP2009: 33.1 % of GDP2010: 35 % of GDP2011: 34.4 % of GDP2012: 34.3 % of GDP2013: 34.5 % of GDP2014: 34.6 % of GDP2015: 35.8 % of GDP2016: 36.3 % of GDP2017: 36.5 % of GDP2018: 35.4 % of GDP2019: 34.3 % of GDP2020: 35.8 % of GDP2021: 36.6 % of GDP2022: 34.3 % of GDP2023: 33.4 % of GDP2024: 35 % of GDP2025: 35.6 % of GDP253035404519761993201020251976: 25.8 % of GDP1977: 28.7 % of GDP1978: 31.8 % of GDP1979: 30.9 % of GDP1980: 25.5 % of GDP1981: 25.1 % of GDP1982: 27 % of GDP1983: 30.7 % of GDP1984: 32.8 % of GDP1985: 32.8 % of GDP1986: 36.1 % of GDP1987: 39.8 % of GDP1988: 41.9 % of GDP1989: 39.2 % of GDP1990: 39.6 % of GDP1991: 39.5 % of GDP1992: 38.6 % of GDP1993: 38.6 % of GDP1994: 38.1 % of GDP1995: 37.9 % of GDP1996: 36.1 % of GDP1997: 36 % of GDP1998: 37.9 % of GDP1999: 35.6 % of GDP2000: 34.2 % of GDP2001: 32.3 % of GDP2002: 31.7 % of GDP2003: 33.1 % of GDP2004: 35.5 % of GDP2005: 33.8 % of GDP2006: 32.9 % of GDP2007: 33.4 % of GDP2008: 33.2 % of GDP2009: 33.1 % of GDP2010: 35 % of GDP2011: 34.4 % of GDP2012: 34.3 % of GDP2013: 34.5 % of GDP2014: 34.6 % of GDP2015: 35.8 % of GDP2016: 36.3 % of GDP2017: 36.5 % of GDP2018: 35.4 % of GDP2019: 34.3 % of GDP2020: 35.8 % of GDP2021: 36.6 % of GDP2022: 34.3 % of GDP2023: 33.4 % of GDP2024: 35 % of GDP2025: 35.6 % of GDP
% of GDP. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 50 values
Period% of GDP
202535.6
202435
202333.4
202234.3
202136.6
202035.8
201934.3
201835.4
201736.5
201636.3
201535.8
201434.6
201334.5
201234.3
201134.4
201035
200933.1
200833.2
200733.4
200632.9
200533.8
200435.5
200333.1
200231.7
200132.3
200034.2
199935.6
199837.9
199736
199636.1
199537.9
199438.1
199338.6
199238.6
199139.5
199039.6
198939.2
198841.9
198739.8
198636.1
198532.8
198432.8
198330.7
198227
198125.1
198025.5
197930.9
197831.8
197728.7
197625.8

South Korea compared with nearby places

Albania: 22.8 % of GDPArmenia: 17.5 % of GDPArgentina: 13.4 % of GDPAustria: 25.8 % of GDPAustralia: 22.2 % of GDPAzerbaijan: 23.5 % of GDPBosnia and Herzegovina: 20.2 % of GDPBangladesh: 34.8 % of GDPBelgium: 24 % of GDPBulgaria: 16.7 % of GDPBurundi: 43.1 % of GDPBrunei: 45.3 % of GDPBrazil: 14.4 % of GDPBotswana: 28.3 % of GDPBelarus: 25.4 % of GDPCanada: 22.2 % of GDPDemocratic Republic of the Congo: 28.7 % of GDPSwitzerland: 36.6 % of GDPChile: 22.8 % of GDPColombia: 13.2 % of GDPCosta Rica: 13.6 % of GDPCape Verde: 21.1 % of GDPCyprus: 12.8 % of GDPCzechia: 27.7 % of GDPGermany: 26.3 % of GDPDenmark: 34.7 % of GDPDominican Republic: 23.3 % of GDPAlgeria: 38.8 % of GDPEcuador: 27.2 % of GDPEstonia: 24.7 % of GDPEgypt: 8.1 % of GDPSpain: 24.3 % of GDPFinland: 23.1 % of GDPFrance: 21.6 % of GDPUnited Kingdom: 17.2 % of GDPGeorgia: 18.5 % of GDPGambia: 25.7 % of GDPGreece: 11.4 % of GDPGuatemala: 21.5 % of GDPHong Kong: 30.6 % of GDPHonduras: 26.9 % of GDPCroatia: 21 % of GDPHungary: 23.8 % of GDPIndonesia: 35 % of GDPIreland: 31.3 % of GDPIsrael: 25.8 % of GDPIndia: 34.7 % of GDPIceland: 22.6 % of GDPItaly: 23.4 % of GDPKenya: 15.7 % of GDPCambodia: 39.1 % of GDPSouth Korea: 35.6 % of GDPSri Lanka: 31.2 % of GDPLesotho: 13.6 % of GDPLithuania: 23.1 % of GDPLuxembourg: 13.6 % of GDPLatvia: 20 % of GDPMorocco: 29.4 % of GDPMoldova: 4.1 % of GDPMontenegro: 7.1 % of GDPMadagascar: 16.5 % of GDPNorth Macedonia: 27.5 % of GDPMongolia: 23.9 % of GDPMalawi: 3.9 % of GDPMexico: 18.3 % of GDPMalaysia: 22 % of GDPMozambique: 5.1 % of GDPNetherlands: 27.7 % of GDPNorway: 37.3 % of GDPNepal: 43.1 % of GDPPeru: 24 % of GDPPhilippines: 30.1 % of GDPPakistan: 15.2 % of GDPPoland: 17.1 % of GDPPalestine: 9.2 % of GDPPortugal: 21.8 % of GDPParaguay: 22.2 % of GDPRomania: 18 % of GDPSerbia: 19 % of GDPRussia: 28.6 % of GDPSaudi Arabia: 28.9 % of GDPSudan: 0.5 % of GDPSweden: 30.6 % of GDPSingapore: 40 % of GDPSlovenia: 25.5 % of GDPSlovakia: 16.2 % of GDPEl Salvador: 22.8 % of GDPThailand: 23.9 % of GDPTunisia: 4.3 % of GDPTürkiye: 29.9 % of GDPUkraine: 6.5 % of GDPUganda: 25.6 % of GDPUruguay: 15.5 % of GDPUzbekistan: 29.6 % of GDPVenezuela: 12.8 % of GDPVietnam: 37.7 % of GDPSamoa: 30 % of GDPSouth Africa: 12.9 % of GDP
  • Under 14
  • 14 to 20
  • 20 to 23
  • 23 to 26
  • 26 to 31
  • 31 and over
  • No data
Gross savings, share of GDP, 2025, % of GDP. South Korea 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, South Korea, 1976 to 2025) [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, South Korea, 1976 to 2025. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Invokely, https://invokely.ai/en/gross-savings-gdp/south-korea. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Gross savings, share of GDP, South Korea, 1976 to 2025. 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/south-korea.

Harvard

World Bank (2026) Gross savings (% of GDP) (NY.GNS.ICTR.ZS), Gross savings, share of GDP, South Korea, 1976 to 2025 [Dataset]. Available at: https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS, via Invokely: https://invokely.ai/en/gross-savings-gdp/south-korea (Accessed: 18 October 2026).

BibTeX
@misc{world_gross_savings_share_of_2025,
  author = {{World Bank}},
  title = {{Gross savings (\% of GDP) (NY.GNS.ICTR.ZS): Gross savings, share of GDP, South Korea, 1976 to 2025}},
  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/south-korea. 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, South Korea, 1976 to 2025
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/south-korea
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/gross-savings-gdp/south-korea.
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 South Korea?

Gross savings, share of GDP in South Korea was 35.6% of GDP in 2025, according to the World Bank. That is up 0.6 pts from 2024.

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 South Korea?

41.9% of GDP in 1988, the highest value since 1976 in this series.

Gross savings, share of GDP in other countries

Related statistics for South Korea

All statistics for South Korea | South Korea in figures