Data / Rankings / Gross savings, share of GDP / EU countries

EU countries by gross savings, share of GDP

Denmark had the highest gross savings, share of GDP of 27 EU countries in 2023, at 34.7% of GDP. Greece had the lowest, at 9.1% of GDP. The median was 23.8% of GDP. Source: the World Bank.

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Highest34.7Denmark
Lowest9.1Greece
Median23.827 EU countries

Map of EU countries, 2023

Austria: 27.7 % of GDPBelgium: 25.7 % of GDPBulgaria: 20.6 % of GDPCyprus: 11.7 % of GDPCzechia: 28.8 % of GDPGermany: 27.6 % of GDPDenmark: 34.7 % of GDPEstonia: 23.8 % of GDPSpain: 23.9 % of GDPFinland: 22.1 % of GDPFrance: 21.8 % of GDPGreece: 9.1 % of GDPCroatia: 25.4 % of GDPHungary: 26.2 % of GDPIreland: 34.1 % of GDPItaly: 23.3 % of GDPLithuania: 23.7 % of GDPLuxembourg: 15.8 % of GDPLatvia: 20.7 % of GDPMalta: 26.1 % of GDPNetherlands: 29.5 % of GDPPoland: 19.1 % of GDPPortugal: 20.7 % of GDPRomania: 19.4 % of GDPSweden: 31.2 % of GDPSlovenia: 27.4 % of GDPSlovakia: 17.2 % of GDP
  • Under 20
  • 20 to 23
  • 23 to 26
  • 26 to 28
  • 28 and over
% of GDP, 2023. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Boundaries: Natural Earth (public domain).

All EU countries, 2023

Denmark: 34.7 % of GDPDenmark34.7Ireland: 34.1 % of GDPIreland34.1Sweden: 31.2 % of GDPSweden31.2Netherlands: 29.5 % of GDPNetherlands29.5Czechia: 28.8 % of GDPCzechia28.8Austria: 27.7 % of GDPAustria27.7Germany: 27.6 % of GDPGermany27.6Slovenia: 27.4 % of GDPSlovenia27.4Hungary: 26.2 % of GDPHungary26.2Malta: 26.1 % of GDPMalta26.1Belgium: 25.7 % of GDPBelgium25.7Croatia: 25.4 % of GDPCroatia25.4Spain: 23.9 % of GDPSpain23.9Estonia: 23.8 % of GDPEstonia23.8Lithuania: 23.7 % of GDPLithuania23.7Italy: 23.3 % of GDPItaly23.3Finland: 22.1 % of GDPFinland22.1France: 21.8 % of GDPFrance21.8Portugal: 20.7 % of GDPPortugal20.7Latvia: 20.7 % of GDPLatvia20.7Bulgaria: 20.6 % of GDPBulgaria20.6Romania: 19.4 % of GDPRomania19.4Poland: 19.1 % of GDPPoland19.1Slovakia: 17.2 % of GDPSlovakia17.2Luxembourg: 15.8 % of GDPLuxembourg15.8Cyprus: 11.7 % of GDPCyprus11.7Greece: 9.1 % of GDPGreece9.1Denmark: 34.7 % of GDPDenmark34.7Ireland: 34.1 % of GDPIreland34.1Sweden: 31.2 % of GDPSweden31.2Netherlands: 29.5 % of GDPNetherlands29.5Czechia: 28.8 % of GDPCzechia28.8Austria: 27.7 % of GDPAustria27.7Germany: 27.6 % of GDPGermany27.6Slovenia: 27.4 % of GDPSlovenia27.4Hungary: 26.2 % of GDPHungary26.2Malta: 26.1 % of GDPMalta26.1Belgium: 25.7 % of GDPBelgium25.7Croatia: 25.4 % of GDPCroatia25.4Spain: 23.9 % of GDPSpain23.9Estonia: 23.8 % of GDPEstonia23.8Lithuania: 23.7 % of GDPLithuania23.7Italy: 23.3 % of GDPItaly23.3Finland: 22.1 % of GDPFinland22.1France: 21.8 % of GDPFrance21.8Portugal: 20.7 % of GDPPortugal20.7Latvia: 20.7 % of GDPLatvia20.7Bulgaria: 20.6 % of GDPBulgaria20.6Romania: 19.4 % of GDPRomania19.4Poland: 19.1 % of GDPPoland19.1Slovakia: 17.2 % of GDPSlovakia17.2Luxembourg: 15.8 % of GDPLuxembourg15.8Cyprus: 11.7 % of GDPCyprus11.7Greece: 9.1 % of GDPGreece9.1
% of GDP. Source: World Bank, Gross savings (% of GDP) (NY.GNS.ICTR.ZS). Retrieved 2026-10-18.

Full ranking

RankEU countries2023
% of GDP		Change on 2022
1Denmark34.7-1.2 pts
2Ireland34.1+2 pts
3Sweden31.2+0.6 pts
4Netherlands29.5-0.1 pts
5Czechia28.8+1.5 pts
6Austria27.7-0.3 pts
7Germany27.6+0.6 pts
8Slovenia27.4+3.6 pts
9Hungary26.2+0.9 pts
10Malta26.1-2.4 pts
11Belgium25.7+0.5 pts
12Croatia25.4+2.5 pts
13Spain23.9+0.7 pts
14Estonia23.8-1.9 pts
15Lithuania23.7+2.1 pts
16Italy23.3+0.5 pts
17Finland22.1-2.7 pts
18France21.8-0.7 pts
19Portugal20.7+1.8 pts
20Latvia20.7+1.5 pts
21Bulgaria20.6+0.4 pts
22Romania19.4+1.7 pts
23Poland19.1-0.3 pts
24Slovakia17.2+3.3 pts
25Luxembourg15.8+2.4 pts
26Cyprus11.7-2 pts
27Greece9.1+1.4 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, 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), EU 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/eu-countries?period=2023. 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, 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/eu-countries?period=2023.

Harvard

World Bank (2026) Gross savings (% of GDP) (NY.GNS.ICTR.ZS), EU 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/eu-countries?period=2023 (Accessed: 18 October 2026).

BibTeX
@misc{world_eu_countries_by_gross_2023,
  author = {{World Bank}},
  title = {{Gross savings (\% of GDP) (NY.GNS.ICTR.ZS): EU 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/eu-countries?period=2023. 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, 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/eu-countries?period=2023
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/rankings/gross-savings-gdp/eu-countries?period=2023.
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 EU country has the highest gross savings, share of GDP?

Denmark, with 34.7% of GDP in 2023, according to the World Bank.

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

Greece, with 9.1% 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.

Gross savings, share of GDP: other rankings

EU countries: more rankings