Germany Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Germany's gross savings was 26.69% in 2025, ranked 43rd globally. This represents a 1.7% decrease from 2024. Data from World Bank, covering 1971–2025.
Overview
Germany's gross savings stood at 26.69% in 2025, a decline of +0.45% from 2024. The IMF projects 26.69% by 2025. Germany ranked 43rd globally.
Germany’s gross savings rate has hovered around the mid‑20s for more than five decades, moving from 26.49 % in 1971 to a modest increase of 26.69 % in 2025, which places the country 43rd globally. The indicator reached its all‑time high of 30.01 % in 2018, reflecting a brief surge in household and corporate reserve building during a period of strong wage growth and low unemployment, before retreating to a long‑standing trough of 18.40 % in 1981 amid high inflation and fiscal deficits. Over the 55‑year span the rate has shown limited volatility, suggesting that structural factors such as a high savings propensity among German households and a well‑developed financial sector have anchored the level. By contrast, Luxembourg records a slightly higher rate of 27.01 %, indicating that even small economies can achieve marginally greater saving intensities. Future movements will likely depend on demographic aging, pension reforms and the pace of post‑pandemic recovery, which could either lift the savings ratio or dampen it if consumption resurges.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 25.48% | - | - |
| 2029* IMF | 25.57% | - | - |
| 2028* IMF | 25.79% | - | - |
| 2027* IMF | 25.75% | - | - |
| 2026* IMF | 25.81% | - | - |
| 2025* IMF | 26.69% | - | - |
| 2025 | 26.69% | −0.45% | #43 |
| 2024 | 27.14% | −0.37% | #56 |
| 2023 | 27.60% | +0.52% | #55 |
| 2022 | 27.03% | −2.56% | #61 |
| 2021 | 29.51% | +1.47% | #49 |
| 2020 | 28.02% | −1.23% | #46 |
| 2019 | 29.27% | −0.81% | #51 |
| 2018 | 30.01% | +1.25% | #47 |
| 2017 | 28.66% | +0.04% | #47 |
| 2016 | 28.65% | +1.06% | #33 |
| 2015 | 27.62% | +0.25% | #48 |
| 2014 | 27.39% | +0.89% | #48 |
| 2013 | 26.51% | −0.15% | #53 |
| 2012 | 26.66% | −0.90% | #57 |
| 2011 | 27.55% | +2.27% | #52 |
Detected Pattern
Analysis
Germany 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
Germany's gross savings was 26.69% in 2025. Ranked 43rd globally. This represents a 1.7% decrease from the previous year.
Germany's gross savings peaked at 30.01% in 2018.
The lowest gross savings in Germany was 18.40% in 1981.
Germany ranks 43rd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Germany's gross savings is projected to reach 26.69% by 2025 based on IMF projection.
The gross savings of Germany in 2025 was 26.69%. This ranks 43rd in the world.
Cite this page
@misc{historysaid_germany_gross-savings,
title = {Germany Gross Savings},
url = {https://historysaid.com/germany/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}