Gross national savings — all countries

Gross national savings — Singapore

Gross national savings in Singapore in 2025 — 40%. Ranked 3 in the world out of 73. Since 1972, the indicator has risen by 13.7 pp.

2025 40% −0.5 pp vs 2024
World rank 3of 73
Period maximum 52.3%1997
Period minimum 25.4%1973

Trend over time

1972–2025 · % of GDP

Gross national savings — Singapore, 1972–2025203040506019721978198419901996200220082014202020251972: 26.3%1973: 25.4%1974: 25.8%1975: 29.7%1976: 30.1%1977: 30.2%1978: 32.5%1979: 35.4%1980: 33.8%1981: 35.9%1982: 37.2%1983: 41.6%1984: 44.1%1985: 41.6%1986: 39.8%1987: 37.9%1988: 41.4%1989: 42.8%1990: 43.7%1991: 45%1992: 47%1993: 44.4%1994: 48.1%1995: 50.6%1996: 48.9%1997: 52.3%1998: 51.3%1999: 48.9%2000: 46.4%2001: 40.1%2002: 38.4%2003: 39.4%2004: 40.6%2005: 43.6%2006: 48.2%2007: 50%2008: 44.4%2009: 43.9%2010: 50.6%2011: 48.8%2012: 47.3%2013: 45.5%2014: 47.3%2015: 44%2016: 45.2%2017: 46.6%2018: 41.4%2019: 40%2020: 42.1%2021: 44.2%2022: 41.9%2023: 37.9%2024: 40.5%2025: 40%
Change over the period: +13.7 pp Annual average: 0.26 pp
Gross national savings — Singapore, by year Singapore All countries CSV XLSX
Year % Change, pp
2025 40 −0.5 pp
2024 40.5 +2.6 pp
2023 37.9 −4 pp
2022 41.9 −2.2 pp
2021 44.2 +2.1 pp
2020 42.1 +2.1 pp
2019 40 −1.4 pp
2018 41.4 −5.2 pp
2017 46.6 +1.4 pp
2016 45.2 +1.2 pp
2015 44 −3.2 pp
2014 47.3 +1.8 pp
2013 45.5 −1.7 pp
2012 47.3 −1.6 pp
2011 48.8 −1.8 pp
2010 50.6 +6.7 pp
2009 43.9 −0.5 pp
2008 44.4 −5.6 pp
2007 50 +1.8 pp
2006 48.2 +4.5 pp
2005 43.6 +3 pp
2004 40.6 +1.2 pp
2003 39.4 +1 pp
2002 38.4 −1.7 pp
2001 40.1 −6.3 pp
2000 46.4 −2.5 pp
1999 48.9 −2.4 pp
1998 51.3 −1 pp
1997 52.3 +3.4 pp
1996 48.9 −1.7 pp
1995 50.6 +2.5 pp
1994 48.1 +3.7 pp
1993 44.4 −2.6 pp
1992 47 +2 pp
1991 45 +1.2 pp
1990 43.7 +1 pp
1989 42.8 +1.4 pp
1988 41.4 +3.5 pp
1987 37.9 −1.9 pp
1986 39.8 −1.8 pp
1985 41.6 −2.5 pp
1984 44.1 +2.5 pp
1983 41.6 +4.4 pp
1982 37.2 +1.4 pp
1981 35.9 +2 pp
1980 33.8 −1.6 pp
1979 35.4 +3 pp
1978 32.5 +2.3 pp
1977 30.2 +0.1 pp
1976 30.1 +0.4 pp
1975 29.7 +3.8 pp
1974 25.8 +0.5 pp
1973 25.4 −0.9 pp
1972 26.3

South-Eastern Asia, 2025

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.