Global Rankings: Gross Savings % (2024)

Rank Country Value
1 Brunei Darussalam 47.65
2 China 42.83
3 Iraq 41.94
4 Norway 40.84
5 Cambodia 40.53
6 Singapore 40.28
7 Algeria 39.42
8 Viet Nam 36.69
9 Tanzania, United Republic of 36.37
10 Nepal 35.84
11 Denmark 35.40
12 Korea, Republic of 35.26
13 Ireland 34.86
14 Indonesia 34.65
15 Mauritania 34.42
16 Zambia 34.42
17 Bangladesh 34.39
18 Botswana 33.39
19 Panama 33.28
20 Bahrain 33.27
21 Switzerland 31.81
22 Japan 31.07
23 Sweden 30.74
24 Russian Federation 30.63
25 India 30.27
26 Türkiye 30.11
27 Samoa 30.01
28 Saudi Arabia 29.86
29 Philippines 29.24
30 Morocco 28.99
31 Czechia 28.87
32 Netherlands 28.81
33 Hong Kong 28.71
34 Kazakhstan 28.70
35 North Macedonia 28.45
36 Sri Lanka 28.35
37 Uzbekistan 28.30
38 Congo, The Democratic Republic of the 28.29
39 Nicaragua 28.02
40 Oman 27.71
41 Azerbaijan 27.59
42 Germany 27.14
43 Slovenia 26.19
44 Israel 26.13
45 Gambia 25.93
46 Malta 25.67
47 Mongolia 25.64
48 Austria 25.44
49 Hungary 25.10
50 Uganda 25.06
51 Iceland 24.36
52 Spain 24.35
53 Belgium 24.12
54 Lithuania 24.09
55 Estonia 23.97
56 Ecuador 23.89
57 Thailand 23.78
58 Italy 23.65
59 Belarus 23.54
60 Dominican Republic 23.50
61 Malaysia 23.38
62 Australia 22.92
63 Albania 22.50
64 Croatia 22.15
65 Peru 21.93
66 Portugal 21.86
67 Chile 21.76
68 Finland 21.75
69 Eswatini 21.49
70 France 21.43
71 Canada 21.38
72 Mauritius 21.11
73 Bosnia and Herzegovina 21.08
74 Rwanda 21.07
75 Belize 20.78
76 Serbia 20.64
77 Cabo Verde 20.28
78 Ethiopia 19.67
79 Guatemala 19.58
80 Latvia 19.33
81 Mexico 19.28
82 Armenia 19.24
83 Bahamas 19.21
84 Georgia 19.18
85 Paraguay 19.01
86 Bulgaria 18.84
87 El Salvador 18.56
88 Poland 18.12
89 United States 17.81
90 Honduras 17.75
91 New Zealand 17.48
92 United Kingdom 17.00
93 Romania 16.84
94 Argentina 16.70
95 Kenya 15.99
96 Slovakia 15.86
97 Angola 15.73
98 Djibouti 14.86
99 Costa Rica 14.74
100 Uruguay 14.71
101 Brazil 14.14
102 Ghana 14.02
103 Pakistan 13.85
104 Bolivia, Plurinational State of 13.85
105 Colombia 13.64
106 South Africa 13.58
107 Luxembourg 12.53
108 Cyprus 12.47
109 Ukraine 12.02
110 Maldives 11.98
111 Greece 10.78
112 Zimbabwe 10.70
113 Guinea 9.59
114 Haiti 9.46
115 Egypt 9.26
116 Montenegro 8.79
117 Namibia 8.66
118 Tunisia 5.50
119 Moldova, Republic of 4.48
120 Palestine, State of 1.88
121 Mozambique 1.68
122 Solomon Islands 1.23
123 Seychelles -5.02
124 Timor-Leste -21.13

About This Indicator

Savings is an amount that represent the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Data source: World Bank Development Indicators