Gross national savings — all countries

Gross national savings — China

Gross national savings in China in 2024 — 42.7%. Ranked 4 in the world out of 146. Since 1982, the indicator has risen by 9 pp.

2024 42.7% +0.1 pp vs 2023
World rank 4of 146
Period maximum 51.3%2008
Period minimum 33.1%1983

Trend over time

1982–2024 · % of GDP

Gross national savings — China, 1982–20243035404550551982198719921997200220072012201720221982: 33.7%1983: 33.1%1984: 34.8%1985: 35.2%1986: 35.2%1987: 37.2%1988: 37.9%1989: 35.8%1990: 36.6%1991: 38.4%1992: 40.5%1993: 41.6%1994: 41.6%1995: 39.4%1996: 38.6%1997: 39.5%1998: 38.2%1999: 36.4%2000: 35.6%2001: 37.1%2002: 38.7%2003: 42.2%2004: 45.4%2005: 45.5%2006: 47.8%2007: 49.8%2008: 51.3%2009: 49.9%2010: 50.8%2011: 48.6%2012: 48.2%2013: 47%2014: 47.3%2015: 45.1%2016: 43.9%2017: 44.3%2018: 43.8%2019: 43.3%2020: 43.5%2021: 44.7%2022: 44.8%2023: 42.6%2024: 42.7%
Change over the period: +9 pp Annual average: 0.21 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: China

China 42.7%
World 26.1%
Eastern Asia computed 40.2%
Gross national savings — China, by year China All countries CSV XLSX
Year % Change, pp
2024 42.7 +0.1 pp
2023 42.6 −2.3 pp
2022 44.8 +0.2 pp
2021 44.7 +1.2 pp
2020 43.5 +0.2 pp
2019 43.3 −0.5 pp
2018 43.8 −0.5 pp
2017 44.3 +0.5 pp
2016 43.9 −1.2 pp
2015 45.1 −2.2 pp
2014 47.3 +0.2 pp
2013 47 −1.2 pp
2012 48.2 −0.4 pp
2011 48.6 −2.2 pp
2010 50.8 +0.9 pp
2009 49.9 −1.4 pp
2008 51.3 +1.5 pp
2007 49.8 +2 pp
2006 47.8 +2.2 pp
2005 45.5 +0.2 pp
2004 45.4 +3.2 pp
2003 42.2 +3.5 pp
2002 38.7 +1.6 pp
2001 37.1 +1.5 pp
2000 35.6 −0.8 pp
1999 36.4 −1.8 pp
1998 38.2 −1.4 pp
1997 39.5 +1 pp
1996 38.6 −0.8 pp
1995 39.4 −2.2 pp
1994 41.6 −0 pp
1993 41.6 +1.1 pp
1992 40.5 +2.1 pp
1991 38.4 +1.8 pp
1990 36.6 +0.8 pp
1989 35.8 −2.1 pp
1988 37.9 +0.7 pp
1987 37.2 +2 pp
1986 35.2 −0 pp
1985 35.2 +0.4 pp
1984 34.8 +1.7 pp
1983 33.1 −0.7 pp
1982 33.7

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.