Gross national savings — all countries

Gross national savings — South Korea

Gross national savings in South Korea in 2025 — 35.6%. Ranked 7 in the world out of 73. Since 1976, the indicator has risen by 9.8 pp.

2025 35.6% +0.6 pp vs 2024
World rank 7of 73
Period maximum 41.9%1988
Period minimum 25.1%1981

Trend over time

1976–2025 · % of GDP

Gross national savings — South Korea, 1976–20252530354045197619811986199119962001200620112016202120251976: 25.8%1977: 28.7%1978: 31.8%1979: 30.9%1980: 25.5%1981: 25.1%1982: 27%1983: 30.7%1984: 32.8%1985: 32.8%1986: 36.1%1987: 39.8%1988: 41.9%1989: 39.2%1990: 39.6%1991: 39.5%1992: 38.6%1993: 38.6%1994: 38.1%1995: 37.9%1996: 36.1%1997: 36%1998: 37.9%1999: 35.6%2000: 34.2%2001: 32.3%2002: 31.7%2003: 33.1%2004: 35.5%2005: 33.8%2006: 32.9%2007: 33.4%2008: 33.2%2009: 33.1%2010: 35%2011: 34.4%2012: 34.3%2013: 34.5%2014: 34.6%2015: 35.8%2016: 36.3%2017: 36.5%2018: 35.4%2019: 34.3%2020: 35.8%2021: 36.6%2022: 34.3%2023: 33.4%2024: 35%2025: 35.6%
Change over the period: +9.8 pp Annual average: 0.2 pp
Gross national savings — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2025 35.6 +0.6 pp
2024 35 +1.7 pp
2023 33.4 −0.9 pp
2022 34.3 −2.3 pp
2021 36.6 +0.8 pp
2020 35.8 +1.5 pp
2019 34.3 −1.1 pp
2018 35.4 −1.1 pp
2017 36.5 +0.2 pp
2016 36.3 +0.5 pp
2015 35.8 +1.3 pp
2014 34.6 +0.1 pp
2013 34.5 +0.2 pp
2012 34.3 −0 pp
2011 34.4 −0.6 pp
2010 35 +1.9 pp
2009 33.1 −0.1 pp
2008 33.2 −0.2 pp
2007 33.4 +0.5 pp
2006 32.9 −0.9 pp
2005 33.8 −1.7 pp
2004 35.5 +2.4 pp
2003 33.1 +1.4 pp
2002 31.7 −0.6 pp
2001 32.3 −1.8 pp
2000 34.2 −1.5 pp
1999 35.6 −2.3 pp
1998 37.9 +1.9 pp
1997 36 −0.1 pp
1996 36.1 −1.8 pp
1995 37.9 −0.3 pp
1994 38.1 −0.4 pp
1993 38.6 −0 pp
1992 38.6 −0.9 pp
1991 39.5 −0.1 pp
1990 39.6 +0.4 pp
1989 39.2 −2.7 pp
1988 41.9 +2.1 pp
1987 39.8 +3.7 pp
1986 36.1 +3.3 pp
1985 32.8 −0 pp
1984 32.8 +2.1 pp
1983 30.7 +3.7 pp
1982 27 +2 pp
1981 25.1 −0.5 pp
1980 25.5 −5.4 pp
1979 30.9 −0.9 pp
1978 31.8 +3 pp
1977 28.7 +2.9 pp
1976 25.8

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.