EU countries by gross savings, share of GDP

Ireland had the highest gross savings, share of GDP of 27 EU countries in 2016, at 34.7% of GDP. Greece had the lowest, at 9.7% of GDP. The median was 22.5% of GDP. Source: the World Bank.

Keep it in a collection in your library.
Highest34.7Ireland
Lowest9.7Greece
Median22.527 EU countries

Map of EU countries, 2016

Austria: 27.1 % of GDPBelgium: 23.7 % of GDPBulgaria: 22 % of GDPCyprus: 13.1 % of GDPCzechia: 24.8 % of GDPGermany: 28.7 % of GDPDenmark: 28.8 % of GDPEstonia: 26 % of GDPSpain: 22.2 % of GDPFinland: 21.3 % of GDPFrance: 21.2 % of GDPGreece: 9.7 % of GDPCroatia: 22.2 % of GDPHungary: 26.2 % of GDPIreland: 34.7 % of GDPItaly: 20.2 % of GDPLithuania: 19.3 % of GDPLuxembourg: 19.6 % of GDPLatvia: 23.5 % of GDPMalta: 22.5 % of GDPNetherlands: 27 % of GDPPoland: 19 % of GDPPortugal: 16.7 % of GDPRomania: 21.6 % of GDPSweden: 25.7 % of GDPSlovenia: 24.2 % of GDPSlovakia: 22.8 % of GDP
  • Under 20
  • 20 to 22
  • 22 to 24
  • 24 to 26
  • 26 and over
% of GDP, 2016. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Boundaries: Natural Earth (public domain).

All EU countries, 2016

Ireland: 34.7 % of GDPIreland34.7Denmark: 28.8 % of GDPDenmark28.8Germany: 28.7 % of GDPGermany28.7Austria: 27.1 % of GDPAustria27.1Netherlands: 27 % of GDPNetherlands27Hungary: 26.2 % of GDPHungary26.2Estonia: 26 % of GDPEstonia26Sweden: 25.7 % of GDPSweden25.7Czechia: 24.8 % of GDPCzechia24.8Slovenia: 24.2 % of GDPSlovenia24.2Belgium: 23.7 % of GDPBelgium23.7Latvia: 23.5 % of GDPLatvia23.5Slovakia: 22.8 % of GDPSlovakia22.8Malta: 22.5 % of GDPMalta22.5Croatia: 22.2 % of GDPCroatia22.2Spain: 22.2 % of GDPSpain22.2Bulgaria: 22 % of GDPBulgaria22Romania: 21.6 % of GDPRomania21.6Finland: 21.3 % of GDPFinland21.3France: 21.2 % of GDPFrance21.2Italy: 20.2 % of GDPItaly20.2Luxembourg: 19.6 % of GDPLuxembourg19.6Lithuania: 19.3 % of GDPLithuania19.3Poland: 19 % of GDPPoland19Portugal: 16.7 % of GDPPortugal16.7Cyprus: 13.1 % of GDPCyprus13.1Greece: 9.7 % of GDPGreece9.7Ireland: 34.7 % of GDPIreland34.7Denmark: 28.8 % of GDPDenmark28.8Germany: 28.7 % of GDPGermany28.7Austria: 27.1 % of GDPAustria27.1Netherlands: 27 % of GDPNetherlands27Hungary: 26.2 % of GDPHungary26.2Estonia: 26 % of GDPEstonia26Sweden: 25.7 % of GDPSweden25.7Czechia: 24.8 % of GDPCzechia24.8Slovenia: 24.2 % of GDPSlovenia24.2Belgium: 23.7 % of GDPBelgium23.7Latvia: 23.5 % of GDPLatvia23.5Slovakia: 22.8 % of GDPSlovakia22.8Malta: 22.5 % of GDPMalta22.5Croatia: 22.2 % of GDPCroatia22.2Spain: 22.2 % of GDPSpain22.2Bulgaria: 22 % of GDPBulgaria22Romania: 21.6 % of GDPRomania21.6Finland: 21.3 % of GDPFinland21.3France: 21.2 % of GDPFrance21.2Italy: 20.2 % of GDPItaly20.2Luxembourg: 19.6 % of GDPLuxembourg19.6Lithuania: 19.3 % of GDPLithuania19.3Poland: 19 % of GDPPoland19Portugal: 16.7 % of GDPPortugal16.7Cyprus: 13.1 % of GDPCyprus13.1Greece: 9.7 % of GDPGreece9.7
% of GDP. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Retrieved 2026-10-18.

Full ranking

RankEU countries2016
% of GDP
Change on 2015
1Ireland34.7+2.1 pts
2Denmark28.8+0.3 pts
3Germany28.7+1 pts
4Austria27.1+1.5 pts
5Netherlands27-0 pts
6Hungary26.2+0.6 pts
7Estonia26-0.4 pts
8Sweden25.7-0.4 pts
9Czechia24.8-0.9 pts
10Slovenia24.2+0.5 pts
11Belgium23.7-0.3 pts
12Latvia23.5-0.5 pts
13Slovakia22.8-1.9 pts
14Malta22.5-3.4 pts
15Croatia22.20 pts
16Spain22.2+0.8 pts
17Bulgaria22+1 pts
18Romania21.6-3.3 pts
19Finland21.3+0.6 pts
20France21.2-0.4 pts
21Italy20.2+1.7 pts
22Luxembourg19.6+1.8 pts
23Lithuania19.3-0.8 pts
24Poland19-0.5 pts
25Portugal16.7+0.8 pts
26Cyprus13.1+0.1 pts
27Greece9.7-0.3 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 EU countries are compared on one definition. 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) (EU countries by gross savings, share of GDP, 2016) [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), EU countries by gross savings, share of GDP, 2016. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS. Invokely, https://invokely.ai/rankings/gross-savings-gdp/eu-countries?period=2016. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Gross savings (% of GDP) (NY.GNS.ICTR.ZS). EU countries by gross savings, share of GDP, 2016. 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/eu-countries?period=2016.

Harvard

World Bank (2026) Gross savings (% of GDP) (NY.GNS.ICTR.ZS), EU countries by gross savings, share of GDP, 2016 [Dataset]. Available at: https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS, via Invokely: https://invokely.ai/rankings/gross-savings-gdp/eu-countries?period=2016 (Accessed: 18 October 2026).

BibTeX
@misc{world_eu_countries_by_gross_2016,
  author = {{World Bank}},
  title = {{Gross savings (\% of GDP) (NY.GNS.ICTR.ZS): EU countries by gross savings, share of GDP, 2016}},
  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/eu-countries?period=2016. 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): EU countries by gross savings, share of GDP, 2016
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/eu-countries?period=2016
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-savings-gdp/eu-countries?period=2016.
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  - 
Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

Rank EU countries by gross savings, share of GDP using official data, and cite the source.
rank_places {"indicator":"gross_savings_gdp","level":"country","within":"European Union (27)","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=gross_savings_gdp&level=country&within=European%20Union%20(27)&limit=10

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

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

Ireland, with 34.7% of GDP in 2016, according to the World Bank.

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

Greece, with 9.7% of GDP in 2016.

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.

Gross savings, share of GDP: other rankings

EU countries: more rankings