Gross national savings — all countries

Gross national savings — New Zealand

Gross national savings in New Zealand in 2024 — 18.9%. Ranked 94 in the world out of 146. Since 2000, the indicator has fallen by 0.8 pp.

2024 18.9% +0.4 pp vs 2023
World rank 94of 146
Period maximum 21.8%2001
Period minimum 15.9%2008

Trend over time

2000–2024 · % of GDP

Gross national savings — New Zealand, 2000–202414161820222000200320062009201220152018202120242000: 19.8%2001: 21.8%2002: 20.9%2003: 21.3%2004: 20%2005: 17.7%2006: 17%2007: 18%2008: 15.9%2009: 18.4%2010: 17.7%2011: 17.6%2012: 17.6%2013: 19.7%2014: 19.8%2015: 20.9%2016: 20.7%2017: 20.8%2018: 20.1%2019: 21.5%2020: 20.7%2021: 18.7%2022: 18%2023: 18.6%2024: 18.9%
Change over the period: −0.8 pp Annual average: -0.03 pp

Comparison, 2024

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

New Zealand 18.9%
World 26.1%
Australia and New Zealand computed 22.4%
Gross national savings — New Zealand, by year New Zealand All countries CSV XLSX
Year % Change, pp
2024 18.9 +0.4 pp
2023 18.6 +0.6 pp
2022 18 −0.7 pp
2021 18.7 −2 pp
2020 20.7 −0.8 pp
2019 21.5 +1.4 pp
2018 20.1 −0.7 pp
2017 20.8 +0.1 pp
2016 20.7 −0.2 pp
2015 20.9 +1.1 pp
2014 19.8 +0.1 pp
2013 19.7 +2.1 pp
2012 17.6 +0.1 pp
2011 17.6 −0.2 pp
2010 17.7 −0.6 pp
2009 18.4 +2.5 pp
2008 15.9 −2.1 pp
2007 18 +1 pp
2006 17 −0.7 pp
2005 17.7 −2.3 pp
2004 20 −1.3 pp
2003 21.3 +0.5 pp
2002 20.9 −0.9 pp
2001 21.8 +2 pp
2000 19.8

Australia and New Zealand, 2024

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

AU Australia 22.9 NZ New Zealand 18.9

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.