Gross national savings — all countries

Gross national savings — Greece

Gross national savings in Greece in 2024 — 10.8%. Ranked 132 in the world out of 146. Since 1976, the indicator has fallen by 22 pp.

2024 10.8% +1.7 pp vs 2023
World rank 132of 146
Period maximum 32.8%1976
Period minimum 4.9%2011

Trend over time

1976–2024 · % of GDP

Gross national savings — Greece, 1976–2024010203040197619811986199119962001200620112016202120241976: 32.8%1977: 29.3%1978: 28.5%1979: 28.9%1980: 27.6%1981: 24.9%1982: 25.8%1983: 24.1%1984: 24.9%1985: 25%1986: 25.4%1987: 21.8%1988: 23.4%1989: 22%1990: 21.7%1991: 24.2%1992: 23.1%1993: 22.2%1994: 22.9%1995: 21.5%1996: 21.2%1997: 22.1%1999: 17.8%2000: 20.2%2001: 19.4%2002: 17.7%2003: 18.7%2004: 18%2005: 16%2006: 16.3%2007: 13.6%2008: 11.3%2009: 7.2%2010: 7.7%2011: 4.9%2012: 7.5%2013: 10.1%2014: 10.4%2015: 10.1%2016: 9.7%2017: 9.1%2018: 9%2019: 9.5%2020: 5.5%2021: 9.9%2022: 7.7%2023: 9.1%2024: 10.8%
Change over the period: −22 pp Annual average: -0.46 pp

Comparison, 2024

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

Greece 10.8%
World 26.1%
Southern Europe computed 22.9%
Gross national savings — Greece, by year Greece All countries CSV XLSX
Year % Change, pp
2024 10.8 +1.7 pp
2023 9.1 +1.4 pp
2022 7.7 −2.2 pp
2021 9.9 +4.4 pp
2020 5.5 −4 pp
2019 9.5 +0.5 pp
2018 9 −0.1 pp
2017 9.1 −0.6 pp
2016 9.7 −0.3 pp
2015 10.1 −0.3 pp
2014 10.4 +0.3 pp
2013 10.1 +2.5 pp
2012 7.5 +2.7 pp
2011 4.9 −2.8 pp
2010 7.7 +0.6 pp
2009 7.2 −4.2 pp
2008 11.3 −2.2 pp
2007 13.6 −2.7 pp
2006 16.3 +0.3 pp
2005 16 −2 pp
2004 18 −0.8 pp
2003 18.7 +1.1 pp
2002 17.7 −1.7 pp
2001 19.4 −0.8 pp
2000 20.2 +2.4 pp
1999 17.8
1997 22.1 +0.9 pp
1996 21.2 −0.3 pp
1995 21.5 −1.4 pp
1994 22.9 +0.7 pp
1993 22.2 −0.9 pp
1992 23.1 −1.2 pp
1991 24.2 +2.5 pp
1990 21.7 −0.3 pp
1989 22 −1.5 pp
1988 23.4 +1.6 pp
1987 21.8 −3.6 pp
1986 25.4 +0.4 pp
1985 25 +0.1 pp
1984 24.9 +0.8 pp
1983 24.1 −1.6 pp
1982 25.8 +0.9 pp
1981 24.9 −2.7 pp
1980 27.6 −1.4 pp
1979 28.9 +0.4 pp
1978 28.5 −0.7 pp
1977 29.3 −3.6 pp
1976 32.8

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.