Denmark Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Denmark's gross savings was 34.27% in 2025, ranked 17th globally. This represents a 3.2% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Denmark's gross savings stood at 34.27% in 2025, a decline of +1.13% from 2024. The IMF projects 34.27% by 2025. Denmark ranked 17th globally.
Denmark’s gross savings ratio has risen steadily from 21.27 in 1975 to 34.27 in 2025, placing the country 17th globally and slightly above peers such as Korea (34.39) and Tanzania (34.92). The upward trajectory accelerated after the early‑1980s trough of 15.77 in 1982, a period marked by fiscal consolidation and a shift toward higher private savings. A further surge occurred in the 2010s, culminating in an all‑time peak of 35.94 in 2022, driven by strong current‑account surpluses and robust pension fund accumulation. Over the 51‑year span, Denmark’s savings rate has consistently outpaced many emerging economies, reflecting a mature financial system and a culture of long‑term wealth preservation. If demographic aging intensifies and fiscal pressures mount, the savings ratio could plateau; however, continued policy support for retirement savings and investment incentives suggests the upward trend is likely to persist in the near term.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 34.03% | - | - |
| 2029* IMF | 34.07% | - | - |
| 2028* IMF | 34.12% | - | - |
| 2027* IMF | 34.20% | - | - |
| 2026* IMF | 34.27% | - | - |
| 2025* IMF | 34.27% | - | - |
| 2025 | 34.27% | −1.13% | #17 |
| 2024 | 35.40% | +0.75% | #16 |
| 2023 | 34.65% | −1.29% | #24 |
| 2022 | 35.94% | +3.43% | #25 |
| 2021 | 32.50% | +2.52% | #36 |
| 2020 | 29.99% | +0.66% | #33 |
| 2019 | 29.33% | +0.49% | #48 |
| 2018 | 28.84% | −0.44% | #54 |
| 2017 | 29.28% | +0.51% | #42 |
| 2016 | 28.77% | +0.27% | #31 |
| 2015 | 28.50% | −0.05% | #39 |
| 2014 | 28.54% | +1.82% | #43 |
| 2013 | 26.72% | +1.43% | #52 |
| 2012 | 25.29% | −0.05% | #65 |
| 2011 | 25.34% | +1.10% | #63 |
Detected Pattern
Analysis
Denmark matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Denmark's gross savings was 34.27% in 2025. Ranked 17th globally. This represents a 3.2% decrease from the previous year.
Denmark's gross savings peaked at 35.94% in 2022.
The lowest gross savings in Denmark was 15.77% in 1982.
Denmark ranks 17th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Denmark's gross savings is projected to reach 34.27% by 2025 based on IMF projection.
The gross savings of Denmark in 2025 was 34.27%. This ranks 17th in the world.
Cite this page
@misc{historysaid_denmark_gross-savings,
title = {Denmark Gross Savings},
url = {https://historysaid.com/denmark/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}