Data / Rankings / Gross savings, share of GDP / Countries

Countries by gross savings, share of GDP, 2023

Kuwait had the highest gross savings, share of GDP of 157 countries in 2023, at 48.8% of GDP. Palau had the lowest, at -13% of GDP. The median was 21.8% of GDP and the figure for the World was 26.2% of GDP. Source: the World Bank.

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Highest48.8Kuwait
Lowest-13Palau
Median21.8157 countries
World26.2History

Map of countries, 2023

United Arab Emirates: 33.3 % of GDPAlbania: 22.2 % of GDPArmenia: 20.2 % of GDPAngola: 16.1 % of GDPArgentina: 16.2 % of GDPAustria: 27.7 % of GDPAustralia: 23.8 % of GDPAzerbaijan: 29.5 % of GDPBosnia and Herzegovina: 20.8 % of GDPBangladesh: 34.9 % of GDPBelgium: 25.7 % of GDPBurkina Faso: 13.7 % of GDPBulgaria: 20.6 % of GDPBurundi: 30.8 % of GDPBenin: 30.3 % of GDPBrunei: 45.9 % of GDPBolivia: 14 % of GDPBrazil: 15 % of GDPBahamas: 18.9 % of GDPBhutan: 17.6 % of GDPBotswana: 33.3 % of GDPBelarus: 26.5 % of GDPBelize: 20.6 % of GDPCanada: 21.9 % of GDPDemocratic Republic of the Congo: 31.7 % of GDPSwitzerland: 34.3 % of GDPCôte d’Ivoire: 16.5 % of GDPChile: 20.1 % of GDPCameroon: 14.9 % of GDPChina: 42.6 % of GDPColombia: 13.2 % of GDPCosta Rica: 13.2 % of GDPCape Verde: 20.8 % of GDPCyprus: 11.7 % of GDPCzechia: 28.8 % of GDPGermany: 27.6 % of GDPDjibouti: 14.8 % of GDPDenmark: 34.7 % of GDPDominican Republic: 24.1 % of GDPAlgeria: 40.8 % of GDPEcuador: 22.5 % of GDPEstonia: 23.8 % of GDPEgypt: 14.8 % of GDPSpain: 23.9 % of GDPEthiopia: 20.1 % of GDPFinland: 22.1 % of GDPFiji: 13.2 % of GDPFrance: 21.8 % of GDPUnited Kingdom: 14.9 % of GDPGeorgia: 19.4 % of GDPGhana: 9.2 % of GDPGambia: 19 % of GDPGuinea: 9.3 % of GDPGreece: 9.1 % of GDPGuatemala: 19.6 % of GDPGuinea-Bissau: 18.3 % of GDPHong Kong: 24.6 % of GDPHonduras: 17.5 % of GDPCroatia: 25.4 % of GDPHaiti: 13.1 % of GDPHungary: 26.2 % of GDPIndonesia: 35.9 % of GDPIreland: 34.1 % of GDPIsrael: 29.6 % of GDPIndia: 34.4 % of GDPIraq: 41.1 % of GDPIceland: 24.2 % of GDPItaly: 23.3 % of GDPJapan: 31.4 % of GDPKenya: 16 % of GDPKyrgyzstan: 9.7 % of GDPCambodia: 38.8 % of GDPKiribati: 16.8 % of GDPSouth Korea: 33.4 % of GDPKuwait: 48.8 % of GDPKazakhstan: 26.9 % of GDPLebanon: -12.5 % of GDPSri Lanka: 26 % of GDPLesotho: 21.1 % of GDPLithuania: 23.7 % of GDPLuxembourg: 15.8 % of GDPLatvia: 20.7 % of GDPLibya: 25.9 % of GDPMorocco: 28 % of GDPMoldova: 8.8 % of GDPMontenegro: 14.2 % of GDPMadagascar: 15.5 % of GDPNorth Macedonia: 30 % of GDPMali: 14.9 % of GDPMongolia: 33.5 % of GDPMauritania: 32.1 % of GDPMauritius: 20.7 % of GDPMalawi: 2.5 % of GDPMexico: 19.9 % of GDPMalaysia: 23.9 % of GDPMozambique: 2.7 % of GDPNamibia: 11.5 % of GDPNiger: 17.4 % of GDPNicaragua: 29.9 % of GDPNetherlands: 29.5 % of GDPNorway: 37.2 % of GDPNepal: 36.2 % of GDPNew Zealand: 18.6 % of GDPOman: 29 % of GDPPanama: 35 % of GDPPeru: 20.2 % of GDPPhilippines: 27.3 % of GDPPakistan: 13.1 % of GDPPoland: 19.1 % of GDPPalestine: 14.6 % of GDPPortugal: 20.7 % of GDPPalau: -13 % of GDPParaguay: 20.5 % of GDPRomania: 19.4 % of GDPSerbia: 22.6 % of GDPRussia: 30.3 % of GDPRwanda: 23.1 % of GDPSaudi Arabia: 31.9 % of GDPSolomon Islands: 5.7 % of GDPSudan: 7.9 % of GDPSweden: 31.2 % of GDPSingapore: 37.9 % of GDPSlovenia: 27.4 % of GDPSlovakia: 17.2 % of GDPSierra Leone: 11.6 % of GDPSenegal: 22.9 % of GDPEl Salvador: 17.3 % of GDPEswatini: 24.3 % of GDPThailand: 25.6 % of GDPTajikistan: 35.3 % of GDPTimor-Leste: -8.5 % of GDPTunisia: 4.9 % of GDPTürkiye: 31.7 % of GDPTanzania: 36.2 % of GDPUkraine: 12.8 % of GDPUganda: 20.5 % of GDPUnited States: 17.1 % of GDPUruguay: 14.7 % of GDPUzbekistan: 29.8 % of GDPVenezuela: 17.4 % of GDPVietnam: 35 % of GDPSamoa: 26.2 % of GDPSouth Africa: 14.7 % of GDPZambia: 34.5 % of GDPZimbabwe: 12.1 % of GDP
  • Under -11
  • -11 to 0
  • 0 to 19
  • 19 to 26
  • 26 and over
  • No data
% of GDP, 2023. Red areas are below zero and blue areas above it. Hatched areas have no value for this period. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Boundaries: Natural Earth (public domain).

Top 40 countries, 2023

Kuwait: 48.8 % of GDPKuwait48.8Brunei: 45.9 % of GDPBrunei45.9Macao: 44.6 % of GDPMacao44.6Bermuda: 43.4 % of GDPBermuda43.4China: 42.6 % of GDPChina42.6Iraq: 41.1 % of GDPIraq41.1Algeria: 40.8 % of GDPAlgeria40.8Cambodia: 38.8 % of GDPCambodia38.8San Marino: 38.6 % of GDPSan Marino38.6Singapore: 37.9 % of GDPSingapore37.9Norway: 37.2 % of GDPNorway37.2Nepal: 36.2 % of GDPNepal36.2Tanzania: 36.2 % of GDPTanzania36.2Indonesia: 35.9 % of GDPIndonesia35.9Tajikistan: 35.3 % of GDPTajikistan35.3Bahrain: 35.1 % of GDPBahrain35.1Vietnam: 35 % of GDPVietnam35Panama: 35 % of GDPPanama35Bangladesh: 34.9 % of GDPBangladesh34.9Denmark: 34.7 % of GDPDenmark34.7Zambia: 34.5 % of GDPZambia34.5India: 34.4 % of GDPIndia34.4Switzerland: 34.3 % of GDPSwitzerland34.3Ireland: 34.1 % of GDPIreland34.1Mongolia: 33.5 % of GDPMongolia33.5South Korea: 33.4 % of GDPSouth Korea33.4United Arab Emirates: 33.3 % of GDPUnited Arab Emirates33.3Botswana: 33.3 % of GDPBotswana33.3Mauritania: 32.1 % of GDPMauritania32.1Saudi Arabia: 31.9 % of GDPSaudi Arabia31.9Türkiye: 31.7 % of GDPTürkiye31.7Democratic Republic of the Congo: 31.7 % of GDPDemocratic Republic of the Congo31.7Japan: 31.4 % of GDPJapan31.4Sweden: 31.2 % of GDPSweden31.2Burundi: 30.8 % of GDPBurundi30.8Russia: 30.3 % of GDPRussia30.3Benin: 30.3 % of GDPBenin30.3North Macedonia: 30 % of GDPNorth Macedonia30Nicaragua: 29.9 % of GDPNicaragua29.9Uzbekistan: 29.8 % of GDPUzbekistan29.8Kuwait: 48.8 % of GDPKuwait48.8Brunei: 45.9 % of GDPBrunei45.9Macao: 44.6 % of GDPMacao44.6Bermuda: 43.4 % of GDPBermuda43.4China: 42.6 % of GDPChina42.6Iraq: 41.1 % of GDPIraq41.1Algeria: 40.8 % of GDPAlgeria40.8Cambodia: 38.8 % of GDPCambodia38.8San Marino: 38.6 % of GDPSan Marino38.6Singapore: 37.9 % of GDPSingapore37.9Norway: 37.2 % of GDPNorway37.2Nepal: 36.2 % of GDPNepal36.2Tanzania: 36.2 % of GDPTanzania36.2Indonesia: 35.9 % of GDPIndonesia35.9Tajikistan: 35.3 % of GDPTajikistan35.3Bahrain: 35.1 % of GDPBahrain35.1Vietnam: 35 % of GDPVietnam35Panama: 35 % of GDPPanama35Bangladesh: 34.9 % of GDPBangladesh34.9Denmark: 34.7 % of GDPDenmark34.7Zambia: 34.5 % of GDPZambia34.5India: 34.4 % of GDPIndia34.4Switzerland: 34.3 % of GDPSwitzerland34.3Ireland: 34.1 % of GDPIreland34.1Mongolia: 33.5 % of GDPMongolia33.5South Korea: 33.4 % of GDPSouth Korea33.4United Arab Emirates: 33.3 % of GDPUnited Arab Emirates33.3Botswana: 33.3 % of GDPBotswana33.3Mauritania: 32.1 % of GDPMauritania32.1Saudi Arabia: 31.9 % of GDPSaudi Arabia31.9Türkiye: 31.7 % of GDPTürkiye31.7Democratic Republic of the Congo: 31.7 % of GDPDemocratic Republic of the Congo31.7Japan: 31.4 % of GDPJapan31.4Sweden: 31.2 % of GDPSweden31.2Burundi: 30.8 % of GDPBurundi30.8Russia: 30.3 % of GDPRussia30.3Benin: 30.3 % of GDPBenin30.3North Macedonia: 30 % of GDPNorth Macedonia30Nicaragua: 29.9 % of GDPNicaragua29.9Uzbekistan: 29.8 % of GDPUzbekistan29.8
% of GDP. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Retrieved 2026-10-18.

Full ranking

RankCountries2023
% of GDP		Change on 2022
1Kuwait48.8-2.1 pts
2Brunei45.9-4.5 pts
3Macao44.6+9.4 pts
4Bermuda43.4+3.3 pts
5China42.6-2.3 pts
6Iraq41.1-13.5 pts
7Algeria40.8-3.3 pts
8Cambodia38.8+0.6 pts
9San Marino38.60 pts
10Singapore37.9-4 pts
11Norway37.2-9 pts
12Nepal36.2+4.8 pts
13Tanzania36.2+0.4 pts
14Indonesia35.9-1.1 pts
15Tajikistan35.3-14.9 pts
16Bahrain35.1-4.2 pts
17Vietnam35+2 pts
18Panama35+0.5 pts
19Bangladesh34.9+0.9 pts
20Denmark34.7-1.2 pts
21Zambia34.5-10.9 pts
22India34.4+1 pts
23Switzerland34.3-1.5 pts
24Ireland34.1+2 pts
25Mongolia33.5+6.3 pts
26South Korea33.4-0.9 pts
27United Arab Emirates33.3n/a
28Botswana33.3+3.4 pts
29Mauritania32.1+2.7 pts
30Saudi Arabia31.9-6.8 pts
31Türkiye31.7-2.2 pts
32Democratic Republic of the Congo31.7+0.9 pts
33Japan31.4+1.2 pts
34Sweden31.2+0.6 pts
35Burundi30.8+6.5 pts
36Russia30.3-3.1 pts
37Benin30.3+1.7 pts
38North Macedonia300 pts
39Nicaragua29.9+11.7 pts
40Uzbekistan29.8-1.5 pts
41Israel29.6-0.8 pts
42Netherlands29.5-0.1 pts
43Azerbaijan29.5-12.6 pts
44Marshall Islands29.3+7.9 pts
45Oman29-2.3 pts
46Czechia28.8+1.5 pts
47Morocco28+1.1 pts
48Austria27.7-0.3 pts
49Germany27.6+0.6 pts
50Slovenia27.4+3.6 pts
51Philippines27.3+4.9 pts
52Kazakhstan26.9-1.2 pts
53Belarus26.5+0.1 pts
54Hungary26.2+0.9 pts
55Samoa26.2+4.3 pts
56Malta26.1-2.4 pts
57Sri Lanka26+0.2 pts
58Libya25.9-6.9 pts
59Belgium25.7+0.5 pts
60Thailand25.6-0.8 pts
61Croatia25.4+2.5 pts
62Hong Kong24.6-0.8 pts
63Eswatini24.3+4.5 pts
64Iceland24.2+1.7 pts
65Dominican Republic24.1-0.7 pts
66Malaysia23.9-2.9 pts
67Spain23.9+0.7 pts
68Estonia23.8-1.9 pts
69Australia23.8-1.2 pts
70Lithuania23.7+2.1 pts
71Italy23.3+0.5 pts
72Rwanda23.1-2.7 pts
73Senegal22.9-2.2 pts
74Serbia22.6+2.1 pts
75Ecuador22.5-1.8 pts
76Albania22.2+1.2 pts
77Finland22.1-2.7 pts
78Canada21.9-2 pts
79France21.8-0.7 pts
80Lesotho21.1+4.7 pts
81Cape Verde20.8+1.7 pts
82Bosnia and Herzegovina20.8-0.7 pts
83Mauritius20.7+3.6 pts
84Portugal20.7+1.8 pts
85Latvia20.7+1.5 pts
86Belize20.6+2 pts
87Bulgaria20.6+0.4 pts
88Uganda20.5-0.9 pts
89Paraguay20.5-0.8 pts
90Peru20.2+1.9 pts
91Armenia20.2-2.6 pts
92Chile20.1+3.3 pts
93Ethiopia20.1-1.6 pts
94Mexico19.9-0.1 pts
95Guatemala19.6+1.8 pts
96Georgia19.4-0.2 pts
97Romania19.4+1.7 pts
98Poland19.1-0.3 pts
99Gambia19-2.4 pts
100Bahamas18.9-0.8 pts
101New Zealand18.6+0.6 pts
102Guinea-Bissau18.3+4.6 pts
103Tonga18-9 pts
104Bhutan17.6-3.4 pts
105Honduras17.5-1.4 pts
106Venezuela17.4+3.5 pts
107Niger17.4-1.6 pts
108El Salvador17.3-1.8 pts
109Slovakia17.2+3.3 pts
110United States17.1-1.2 pts
111Kiribati16.8+7.7 pts
112Côte d’Ivoire16.5-2.9 pts
113Argentina16.2-0.6 pts
114Angola16.1-6.8 pts
115Kenya16-0.3 pts
116Luxembourg15.8+2.4 pts
117Madagascar15.5+0.6 pts
118Brazil15-0.8 pts
119Cameroon14.9-0.7 pts
120Mali14.9-0.5 pts
121United Kingdom14.9-1.5 pts
122Egypt14.8-0.8 pts
123Djibouti14.8+6.9 pts
124Uruguay14.7-0.5 pts
125South Africa14.7-0.6 pts
126Palestine14.6+0.1 pts
127Montenegro14.2-0.4 pts
128Bolivia14-1.9 pts
129Aruba13.9-0.8 pts
130Burkina Faso13.7+4.1 pts
131Colombia13.2+0.8 pts
132Costa Rica13.2-0.8 pts
133Fiji13.2+6.8 pts
134Pakistan13.1+2.6 pts
135Haiti13.1+1.2 pts
136Ukraine12.8-3.6 pts
137Maldives12.2-4.5 pts
138Zimbabwe12.1+4.6 pts
139Comoros12-0.9 pts
140Cyprus11.7-2 pts
141Sierra Leone11.6+2.3 pts
142Namibia11.5+6.1 pts
143Kyrgyzstan9.7-0.4 pts
144Guinea9.3-2.4 pts
145Ghana9.2-4.3 pts
146Greece9.1+1.4 pts
147Moldova8.8-1.3 pts
148Sudan7.9+2.9 pts
149Seychelles7.1+2.2 pts
150Solomon Islands5.7-6.1 pts
151Tunisia4.9-1.5 pts
152Mozambique2.7-5.7 pts
153Malawi2.5+3.4 pts
154São Tomé and Príncipe2.2-5 pts
155Timor-Leste-8.5-32.1 pts
156Lebanon-12.5+9.2 pts
157Palau-13-10.2 pts

Other periods

About this ranking

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.

Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 22 countries with data in other periods have no value for 2023 and are left out rather than filled from another source. Equal values share a rank.

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) (Countries by gross savings, share of GDP, 2023) [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), Countries by gross savings, share of GDP, 2023. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Invokely, https://invokely.ai/rankings/gross-savings-gdp/countries. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Countries by gross savings, share of GDP, 2023. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Also distributed by Invokely, https://invokely.ai/rankings/gross-savings-gdp/countries.

Harvard

World Bank (2026) Gross savings (% of GDP) (NY.GNS.ICTR.ZS), Countries by gross savings, share of GDP, 2023 [Dataset]. Available at: https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS, via Invokely: https://invokely.ai/rankings/gross-savings-gdp/countries (Accessed: 18 October 2026).

BibTeX
@misc{world_countries_by_gross_savings_2023,
  author = {{World Bank}},
  title = {{Gross savings (\% of GDP) (NY.GNS.ICTR.ZS): Countries by gross savings, share of GDP, 2023}},
  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/rankings/gross-savings-gdp/countries. 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): Countries by gross savings, share of GDP, 2023
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/rankings/gross-savings-gdp/countries
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-savings-gdp/countries.
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

Which country has the highest gross savings, share of GDP?

Kuwait, with 48.8% of GDP in 2023, according to the World Bank.

Which country has the lowest gross savings, share of GDP?

Palau, with -13% of GDP in 2023.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Retrieved 2026-10-18. 22 countries have no value for 2023 and are not ranked.

Gross savings, share of GDP: other rankings

Countries: more rankings