Gross national savings — all countries

Gross national savings — Portugal

Gross national savings in Portugal in 2024 — 22%. Ranked 74 in the world out of 146. Since 1975, the indicator has risen by 5.7 pp.

2024 22% +1.3 pp vs 2023
World rank 74of 146
Period maximum 29.3%1989
Period minimum 10.7%2010

Trend over time

1975–2024 · % of GDP

Gross national savings — Portugal, 1975–20241015202530197519801985199019952000200520102015202020241975: 16.2%1976: 18.1%1977: 21.1%1978: 26%1979: 28.6%1980: 27.4%1981: 23.1%1982: 21.5%1983: 20.9%1984: 19.5%1985: 22.2%1986: 26.4%1987: 28.6%1988: 28.9%1989: 29.3%1990: 28%1991: 25.2%1992: 25.3%1993: 22.8%1994: 21.7%1995: 24.6%1996: 21.5%1997: 21.6%1998: 22.2%1999: 20.3%2000: 17.9%2001: 18.1%2002: 17.4%2003: 16.4%2004: 15.5%2005: 13.7%2006: 12.8%2007: 13.4%2008: 11.4%2009: 11%2010: 10.7%2011: 13.3%2012: 14%2013: 15.6%2014: 15.1%2015: 15.9%2016: 16.7%2017: 18.4%2018: 18.8%2019: 19%2020: 18.4%2021: 19.8%2022: 18.9%2023: 20.7%2024: 22%
Change over the period: +5.7 pp Annual average: 0.12 pp

Comparison, 2024

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

Portugal 22%
World 26.1%
Southern Europe computed 22.9%
Gross national savings — Portugal, by year Portugal All countries CSV XLSX
Year % Change, pp
2024 22 +1.3 pp
2023 20.7 +1.8 pp
2022 18.9 −0.9 pp
2021 19.8 +1.5 pp
2020 18.4 −0.6 pp
2019 19 +0.2 pp
2018 18.8 +0.4 pp
2017 18.4 +1.7 pp
2016 16.7 +0.8 pp
2015 15.9 +0.8 pp
2014 15.1 −0.5 pp
2013 15.6 +1.6 pp
2012 14 +0.7 pp
2011 13.3 +2.6 pp
2010 10.7 −0.3 pp
2009 11 −0.5 pp
2008 11.4 −2 pp
2007 13.4 +0.7 pp
2006 12.8 −0.9 pp
2005 13.7 −1.8 pp
2004 15.5 −0.9 pp
2003 16.4 −1 pp
2002 17.4 −0.8 pp
2001 18.1 +0.2 pp
2000 17.9 −2.3 pp
1999 20.3 −1.9 pp
1998 22.2 +0.5 pp
1997 21.6 +0.1 pp
1996 21.5 −3.1 pp
1995 24.6 +3 pp
1994 21.7 −1.1 pp
1993 22.8 −2.5 pp
1992 25.3 +0.1 pp
1991 25.2 −2.8 pp
1990 28 −1.3 pp
1989 29.3 +0.4 pp
1988 28.9 +0.2 pp
1987 28.6 +2.3 pp
1986 26.4 +4.2 pp
1985 22.2 +2.7 pp
1984 19.5 −1.5 pp
1983 20.9 −0.5 pp
1982 21.5 −1.6 pp
1981 23.1 −4.3 pp
1980 27.4 −1.2 pp
1979 28.6 +2.6 pp
1978 26 +4.9 pp
1977 21.1 +3 pp
1976 18.1 +1.8 pp
1975 16.2

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.