Gross national savings — all countries

Gross national savings — Japan

Gross national savings in Japan in 2024 — 32.1%. Ranked 26 in the world out of 146. Since 1996, the indicator has fallen by 2.8 pp.

2024 32.1% +0.7 pp vs 2023
World rank 26of 146
Period maximum 34.9%1996
Period minimum 25.9%2012

Trend over time

1996–2024 · % of GDP

Gross national savings — Japan, 1996–20242527.53032.53519961999200220052008201120142017202020231996: 34.9%1997: 34.7%1998: 33.4%1999: 31.7%2000: 32.2%2001: 30.9%2002: 29.8%2003: 29.8%2004: 30.3%2005: 30.4%2006: 30.8%2007: 31.3%2008: 29.7%2009: 26.4%2010: 27.3%2011: 26.5%2012: 25.9%2013: 26.2%2014: 27.1%2015: 29.5%2016: 30.1%2017: 30.6%2018: 30.5%2019: 30.6%2020: 29.7%2021: 31%2022: 30.2%2023: 31.4%2024: 32.1%
Change over the period: −2.8 pp Annual average: -0.1 pp

Comparison, 2024

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

Japan 32.1%
World 26.1%
Eastern Asia computed 40.2%
Gross national savings — Japan, by year Japan All countries CSV XLSX
Year % Change, pp
2024 32.1 +0.7 pp
2023 31.4 +1.2 pp
2022 30.2 −0.8 pp
2021 31 +1.3 pp
2020 29.7 −0.9 pp
2019 30.6 +0.1 pp
2018 30.5 −0.1 pp
2017 30.6 +0.6 pp
2016 30.1 +0.5 pp
2015 29.5 +2.4 pp
2014 27.1 +0.9 pp
2013 26.2 +0.3 pp
2012 25.9 −0.6 pp
2011 26.5 −0.8 pp
2010 27.3 +1 pp
2009 26.4 −3.3 pp
2008 29.7 −1.6 pp
2007 31.3 +0.5 pp
2006 30.8 +0.4 pp
2005 30.4 +0.1 pp
2004 30.3 +0.5 pp
2003 29.8 +0 pp
2002 29.8 −1.2 pp
2001 30.9 −1.3 pp
2000 32.2 +0.6 pp
1999 31.7 −1.8 pp
1998 33.4 −1.3 pp
1997 34.7 −0.2 pp
1996 34.9

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.