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Korea - Gross Savings 2016

Name: Korea Gross Savings 2016
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

36.29% +0.38% from 2015 Global rank: 12th

Korea's gross savings was 36.29% in 2016, increased +0.38% from 35.83% in 2015. This was the 12th highest globally.

Global Ranking - 2016▾

Gross Savings by Country - 2016
Rank	Country	Value	YoY
1st	Brunei Darussalam	56.41%	-1.2%
2nd	Macao SAR, China	48.02%	-0.7%
3rd	Singapore	45.04%	2.3%
4th	China	43.87%	-3.0%
5th	Qatar	43.36%	-4.8%
6th	Algeria	39.77%	2.7%
7th	Bermuda	39.32%	-1.6%
8th	Kiribati	38.54%	-41.5%
9th	Iran, Islamic Republic of	37.76%	13.6%
10th	Zambia	37.36%	-6.9%
11th	Bangladesh	37.28%	23.1%
12th	Korea	36.29%	1.0%
13th	Nepal	35.31%	-1.0%
14th	Philippines	35.05%	47.8%
15th	Ireland	34.75%	7.8%
16th	Sri Lanka	34.47%	7.5%
17th	Samoa	34.11%	10.4%
18th	Switzerland	33.92%	-1.1%
19th	Norway	32.95%	-8.2%
20th	Bhutan	32.50%	5.0%
21st	Tajikistan	32.31%	166.9%
22nd	Panama	32.25%	-4.7%
23rd	India	31.73%	2.1%
24th	Gabon	30.68%	-17.4%
25th	North Macedonia	30.27%	5.7%
26th	Botswana	30.13%	-5.2%
27th	Thailand	30.08%	2.8%
28th	Indonesia	29.92%	-6.6%
29th	Tanzania	29.85%	17.3%
30th	Myanmar	29.51%	-8.9%
31st	Denmark	28.77%	0.9%
32nd	Japan	28.73%	1.7%
33rd	Germany	28.65%	3.8%
34th	Viet Nam	28.47%	-8.9%
35th	Malaysia	28.39%	-0.1%
36th	Iceland	28.36%	11.3%
37th	Afghanistan	28.31%	27.7%
38th	Morocco	28.27%	0.8%
39th	Cabo Verde	28.05%	-3.6%
40th	Mauritania	27.98%	14.7%
41st	Suriname	27.75%	-19.4%
42nd	United Arab Emirates	27.65%	-5.6%
43rd	Vanuatu	27.46%	2.8%
44th	Türkiye	27.35%	-1.6%
45th	Austria	27.14%	6.1%
46th	Trinidad and Tobago	27.11%	-17.4%
47th	Angola	27.08%	1.0%
48th	Netherlands	26.95%	-0.1%
49th	Belarus	26.40%	2.4%
50th	Israel	26.29%	-1.3%
51st	Hungary	26.25%	0.9%
52nd	Estonia	26.00%	-0.4%
53rd	Sweden	25.74%	-2.9%
54th	Kosovo	25.54%	17.9%
55th	Hong Kong SAR, China	25.46%	2.4%
56th	Kuwait	25.45%	-12.0%
57th	Eswatini	25.43%	-11.0%
58th	Russian Federation	25.01%	-7.8%
59th	Congo, Republic of	24.87%	-38.5%
60th	Czechia	24.76%	-9.7%
61st	Saudi Arabia	24.57%	-1.1%
62nd	Chad	24.46%	-24.1%
63rd	São Tomé and Principe	24.45%	8.6%
64th	Iraq	24.44%	18.5%
65th	Paraguay	24.38%	12.5%
66th	Uzbekistan	24.38%	-5.3%
67th	Uganda	24.19%	27.3%
68th	Slovenia	24.16%	2.5%
69th	European Union	23.98%	2.1%
70th	Kazakhstan	23.90%	6.2%
71st	Bahrain	23.88%	-11.7%
72nd	Marshall Islands	23.87%	-12.9%
73rd	Bulgaria	23.68%	12.7%
74th	Belgium	23.66%	-4.2%
75th	Latvia	23.53%	-2.1%
76th	French Polynesia	23.29%	-3.4%
77th	Slovak Republic	22.84%	-3.6%
78th	Bahamas, The	22.83%	117.9%
79th	Cambodia	22.80%	0.8%
80th	Azerbaijan	22.60%	-17.8%
81st	Malta	22.51%	-13.7%
82nd	Nicaragua	22.51%	-4.6%
83rd	Kyrgyz Republic	22.46%	21.8%
84th	Côte d'Ivoire	22.43%	0.0%
85th	Spain	22.21%	3.7%
86th	Croatia	22.18%	0.7%
87th	Romania	21.58%	-13.2%
88th	Congo, Democratic Republic of	21.38%	61.3%
89th	Finland	21.33%	1.7%
90th	Niger	21.30%	26.2%
91st	Ecuador	21.26%	4.2%
92nd	Dominican Republic	21.22%	1.8%
93rd	France	21.16%	-1.1%
94th	Senegal	21.15%	5.2%
95th	Timor-Leste	21.14%	-69.2%
96th	Mali	21.09%	36.7%
97th	Chile	21.09%	-7.4%
98th	Jamaica	21.06%	16.3%
99th	Djibouti	20.94%	-17.9%
100th	Belize	20.80%	44.5%
101st	New Zealand	20.63%	1.7%
102nd	Australia	20.53%	-4.9%
103rd	Honduras	20.43%	-0.1%
104th	Peru	20.41%	3.7%
105th	Eritrea	20.36%	-37.7%
106th	Italy	20.18%	8.9%
107th	Gambia, The	19.91%	445.6%
108th	Ukraine	19.73%	11.8%
109th	Luxembourg	19.57%	-20.3%
110th	Oman	19.39%	-14.3%
111th	Mexico	19.38%	-8.3%
112th	New Caledonia	19.33%	-2.9%
113th	Albania	19.32%	22.2%
114th	Lithuania	19.28%	-2.5%
115th	Canada	19.15%	-5.8%
116th	Poland	19.04%	-2.3%
117th	United States	18.67%	-4.8%
118th	Ghana	18.64%	-18.6%
119th	Moldova	18.38%	1.5%
120th	Uruguay	18.28%	-4.5%
121st	Benin	17.95%	21.6%
122nd	St. Kitts and Nevis	17.92%	12.8%
123rd	Armenia	17.87%	-1.1%
124th	Lao PDR	17.64%	64.1%
125th	Colombia	17.48%	0.4%
126th	Lesotho	17.47%	-24.8%
127th	Mongolia	16.98%	3.8%
128th	Portugal	16.72%	5.0%
129th	Georgia	16.70%	9.4%
130th	Mauritius	16.61%	-14.9%
131st	Cameroon	16.46%	15.0%
132nd	Serbia	16.37%	7.7%
133rd	Maldives	16.35%	-33.1%
134th	Madagascar	16.10%	12.0%
135th	Costa Rica	15.88%	2.8%
136th	Guinea-Bissau	15.85%	-5.7%
137th	Bolivia, Plurinational State of	15.42%	8.5%
138th	Aruba	15.17%	-30.0%
139th	Guatemala	14.82%	9.1%
140th	Tonga	14.72%	61.3%
141st	Argentina	14.62%	2.1%
142nd	Jordan	14.61%	-7.8%
143rd	South Africa	14.29%	0.0%
144th	Pakistan	14.29%	-3.9%
145th	St. Lucia	14.12%	-20.0%
146th	Kenya	13.96%	-18.0%
147th	El Salvador	13.69%	6.9%
148th	Togo	13.52%	-23.7%
149th	Sierra Leone	13.46%	361.1%
150th	Burkina Faso	13.45%	13.6%
151st	Brazil	13.42%	-3.4%
152nd	United Kingdom	13.35%	3.7%
153rd	Cyprus	13.10%	0.4%
154th	South Sudan	12.99%	47.2%
155th	Guyana	12.86%	86.2%
156th	Haiti	12.49%	2.2%
157th	Curaçao	12.27%	0.4%
158th	Nigeria	12.01%	33.7%
159th	Dominica	11.78%	24.4%
160th	Tunisia	11.66%	-7.4%
161st	Antigua and Barbuda	11.63%	26.3%
162nd	St. Vincent and the Grenadines	11.61%	32.7%
163rd	Bosnia and Herzegovina	11.51%	-26.4%
164th	West Bank and Gaza	11.48%	0.8%
165th	Grenada	11.21%	57.5%
166th	Barbados	10.99%	14.1%
167th	Rwanda	10.54%	-9.4%
168th	Solomon Islands	9.71%	-24.4%
169th	Egypt, Arab Republic of	9.71%	-26.2%
170th	Greece	9.70%	-7.7%
171st	Sudan	9.51%	111.8%
172nd	Palau	9.37%	55.9%
173rd	Montenegro	8.64%	0.2%
174th	Central African Republic	8.41%	70.0%
175th	Comoros	8.21%	-39.2%
176th	Seychelles	7.39%	-53.0%
177th	Mozambique	6.76%	24.5%
178th	Burundi	6.31%	9.6%
179th	Namibia	6.04%	-64.3%
180th	Equatorial Guinea	2.92%	-76.6%
181st	Lebanon	2.06%	-59.6%
182nd	Libya	1.84%	-68.0%
183rd	Guinea	-0.68%	87.2%
184th	Zimbabwe	-1.22%	-23.5%
185th	Yemen, Republic of	-4.51%	-291.9%
186th	Malawi	-5.83%	-58.5%

FAQ

What was Korea's gross savings in 2016?▾

Korea's gross savings in 2016 was 36.29%. This ranked 12th globally.

How did Korea's gross savings change in 2016?▾

Korea's gross savings increased by 1.0% in 2016 compared to 2015.

Which country had the highest gross savings in 2016?▾

Brunei Darussalam had the highest gross savings in 2016 at 56.41%.

What is the gross savings of Korea in 2016?▾

The gross savings of Korea in 2016 was 36.29%. This ranked 12th globally.

How does 2016 compare to 2015 for Korea's gross savings?▾

Korea's gross savings went from 35.83% in 2015 to 36.29% in 2016, a 1.0% increase.

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