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Ireland Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

Ireland's gross savings was 32.14% in 2025, ranked 24th globally. This represents a 7.8% decrease from 2024. Data from World Bank, covering 1980–2025.

32.14% −2.72% (-7.8%)
Year 2025 Rank #24 Global Peak 34.95% (2021) Source World Bank

Ireland Gross Savings (1980–2025)

Overview

Ireland's gross savings stood at 32.14% in 2025, a decline of +2.72% from 2024. The IMF projects 32.14% by 2025. Ireland ranked 24th globally.

Ireland’s gross savings rate has risen markedly over the 46‑year series, climbing from a low of 13.43 % in 1981 to an all‑time peak of 34.95 % in 2021, before settling at 32.14 % in 2025, ranking 24th globally. The post‑2008 financial crisis environment, coupled with strong corporate tax incentives and robust foreign direct investment, helped lift the savings share throughout the 2010s, while the pandemic‑induced fiscal stimulus and high current‑account surpluses reinforced the 2021 peak. By contrast, the early 1980s trough reflected a period of stagflation and low disposable income, limiting households’ capacity to save. Ireland’s current level is comparable to peer economies such as Nicaragua (32.33 %) and Uzbekistan (32.34 %), indicating that its savings behaviour aligns with emerging‑market patterns despite its high‑income status. Continued fiscal consolidation and sustained export growth are likely to keep the savings rate near the upper‑mid‑30 % range, barring a major shock to household incomes or corporate profitability.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 30.78% - -
2029* IMF 31.32% - -
2028* IMF 31.65% - -
2027* IMF 32.02% - -
2026* IMF 32.44% - -
2025* IMF 32.14% - -
2025 32.14% −2.72% #24
2024 34.86% +1.17% #18
2023 34.11% +2.46% #26
2022 32.15% −3.06% #39
2021 34.95% −0.56% #24
2020 34.60% +1.61% #19
2019 33.57% +1.11% #27
2018 32.74% −2.44% #27
2017 34.88% +0.49% #19
2016 34.75% +2.52% #15
2015 32.64% +8.64% #25
2014 25.54% +4.78% #59
2013 21.91% +5.38% #91
2012 16.71% +1.29% #117
2011 16.48% +0.48% #126
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +77.5% GDP growth 16.3% C/A balance 12.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Ireland 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

What is Ireland's gross savings?▾

Ireland's gross savings was 32.14% in 2025. Ranked 24th globally. This represents a 7.8% decrease from the previous year.

What was the highest gross savings in Ireland?▾

Ireland's gross savings peaked at 34.95% in 2021.

What was the lowest gross savings in Ireland?▾

The lowest gross savings in Ireland was 13.43% in 1981.

How does Ireland rank in gross savings?▾

Ireland ranks 24th globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?▾

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of Ireland in 2025?▾

Ireland's gross savings is projected to reach 32.14% by 2025 based on IMF projection.

What is the gross savings of Ireland in 2025?▾

The gross savings of Ireland in 2025 was 32.14%. This ranks 24th in the world.

Cite this page

APA
Ireland Gross Savings. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/ireland/gross-savings/
BibTeX
@misc{historysaid_ireland_gross-savings, title = {Ireland Gross Savings}, url = {https://historysaid.com/ireland/gross-savings/}, publisher = {HistorySaid}, year = {2026} }
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