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Korea - Gross Savings 2018

Name: Korea Gross Savings 2018
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

35.38% −1.15% from 2017 Global rank: 18th

Korea's gross savings was 35.38% in 2018, decreased +1.15% from 36.45% in 2017. This was the 18th highest globally.

Global Ranking - 2018▾

Gross Savings by Country - 2018
Rank	Country	Value	YoY
1st	Brunei Darussalam	53.21%	-3.8%
2nd	Kiribati	52.56%	-7.9%
3rd	Macao SAR, China	49.79%	-0.5%
4th	Qatar	49.74%	6.7%
5th	Congo, Republic of	48.02%	21.7%
6th	China	43.77%	-0.9%
7th	Iran, Islamic Republic of	43.11%	7.1%
8th	Nepal	42.60%	15.1%
9th	Zambia	41.90%	6.5%
10th	Singapore	41.36%	-9.9%
11th	Algeria	40.47%	3.3%
12th	Bermuda	40.34%	-0.3%
13th	Iraq	40.28%	121.1%
14th	Kuwait	39.90%	11.8%
15th	Norway	36.69%	8.3%
16th	Samoa	36.16%	13.3%
17th	Bangladesh	35.46%	15.5%
18th	Korea	35.38%	-3.1%
19th	Sri Lanka	35.13%	-5.8%
20th	San Marino	34.60%	-0.2%
21st	Tajikistan	34.59%	34.2%
22nd	Vanuatu	34.43%	52.7%
23rd	Gabon	34.16%	16.8%
24th	Suriname	33.99%	3.4%
25th	Philippines	33.81%	35.7%
26th	United Arab Emirates	33.59%	9.7%
27th	Ireland	32.74%	-6.9%
28th	North Macedonia	32.72%	3.9%
29th	Mauritania	32.71%	2.1%
30th	Azerbaijan	32.15%	17.6%
31st	Bhutan	31.91%	-4.1%
32nd	Tanzania	31.71%	3.9%
33rd	Switzerland	31.70%	1.2%
34th	Thailand	31.69%	-2.7%
35th	Indonesia	31.68%	-1.4%
36th	Panama	31.55%	-11.7%
37th	India	31.41%	7.8%
38th	Chad	31.32%	15.1%
39th	Viet Nam	30.93%	-2.5%
40th	Libya	30.89%	44.4%
41st	Türkiye	30.67%	6.5%
42nd	Angola	30.62%	-5.3%
43rd	Saudi Arabia	30.60%	12.9%
44th	Uzbekistan	30.40%	15.4%
45th	Afghanistan	30.19%	15.9%
46th	Myanmar	30.07%	8.5%
47th	Germany	30.01%	4.4%
48th	Malta	29.71%	-22.0%
49th	Bahrain	29.41%	-8.6%
50th	Netherlands	29.33%	3.8%
51st	Belarus	29.16%	10.9%
52nd	Japan	29.13%	-0.7%
53rd	Russian Federation	28.95%	12.9%
54th	Denmark	28.84%	-1.5%
55th	Kosovo	28.64%	-2.2%
56th	Estonia	28.40%	2.8%
57th	Slovenia	28.07%	4.0%
58th	Kazakhstan	27.79%	14.4%
59th	Morocco	27.32%	-3.4%
60th	Oman	27.26%	33.8%
61st	Hungary	27.10%	8.2%
62nd	Sweden	27.00%	-1.0%
63rd	Austria	26.88%	2.4%
64th	Botswana	26.83%	-14.4%
65th	Israel	26.64%	0.9%
66th	Kyrgyz Republic	26.58%	8.2%
67th	Equatorial Guinea	26.18%	24.3%
68th	Malaysia	26.13%	-7.8%
69th	Cambodia	25.95%	7.3%
70th	Iceland	25.75%	-2.7%
71st	Hong Kong SAR, China	25.73%	-3.4%
72nd	Czechia	25.58%	-3.9%
73rd	Cabo Verde	25.55%	0.2%
74th	Congo, Democratic Republic of	25.10%	172.0%
75th	European Union	24.87%	2.2%
76th	Antigua and Barbuda	24.26%	33.0%
77th	St. Kitts and Nevis	24.15%	22.3%
78th	Dominican Republic	24.08%	14.6%
79th	Finland	24.06%	1.8%
80th	Croatia	23.87%	-1.3%
81st	Belgium	23.78%	-5.0%
82nd	Bulgaria	23.49%	2.3%
83rd	Latvia	23.48%	-2.9%
84th	St. Lucia	23.22%	18.2%
85th	Senegal	23.06%	2.3%
86th	Niger	22.93%	55.7%
87th	Trinidad and Tobago	22.92%	-16.3%
88th	Lithuania	22.77%	5.7%
89th	Spain	22.58%	1.0%
90th	Paraguay	22.56%	-5.9%
91st	Slovak Republic	22.34%	2.0%
92nd	Jamaica	22.18%	3.2%
93rd	Mongolia	22.14%	27.7%
94th	Nicaragua	22.01%	-3.3%
95th	France	21.89%	1.2%
96th	Mexico	21.50%	-2.7%
97th	Australia	21.40%	-1.9%
98th	Uganda	21.33%	8.3%
99th	Georgia	21.32%	24.1%
100th	Ecuador	21.19%	-4.1%
101st	Italy	21.19%	2.8%
102nd	Maldives	21.15%	-4.4%
103rd	Eswatini	20.92%	-6.4%
104th	Albania	20.51%	20.0%
105th	Luxembourg	20.47%	-19.2%
106th	Peru	20.41%	0.0%
107th	Benin	20.35%	32.7%
108th	Mali	20.19%	41.1%
109th	Ghana	20.00%	18.7%
110th	New Zealand	19.99%	-2.4%
111th	Chile	19.60%	-1.4%
112th	Canada	19.58%	-5.6%
113th	Honduras	19.57%	-17.0%
114th	Poland	19.47%	4.0%
115th	United States	19.35%	2.5%
116th	Tonga	18.89%	-8.6%
117th	Portugal	18.76%	1.3%
118th	Serbia	18.75%	27.6%
119th	Madagascar	18.55%	20.6%
120th	Eritrea	18.44%	-44.8%
121st	Romania	18.40%	-11.6%
122nd	Bolivia, Plurinational State of	18.37%	14.4%
123rd	Egypt, Arab Republic of	18.00%	39.5%
124th	Côte d'Ivoire	17.87%	-7.1%
125th	Jordan	17.86%	92.7%
126th	Djibouti	17.50%	3.9%
127th	Mauritius	17.35%	-21.3%
128th	Burkina Faso	17.11%	0.4%
129th	Bosnia and Herzegovina	16.68%	-11.5%
130th	Lesotho	16.62%	-7.4%
131st	Togo	16.50%	7.7%
132nd	Colombia	16.37%	-11.1%
133rd	Guinea-Bissau	16.07%	-12.6%
134th	Moldova	15.88%	-1.4%
135th	Cameroon	15.71%	-3.6%
136th	Gambia, The	15.68%	18.3%
137th	Bahamas, The	15.61%	16.8%
138th	El Salvador	15.59%	5.2%
139th	Armenia	15.55%	-9.4%
140th	West Bank and Gaza	15.45%	7.5%
141st	Nigeria	15.39%	12.6%
142nd	Belize	15.20%	29.3%
143rd	United Kingdom	15.15%	1.4%
144th	Solomon Islands	15.09%	-0.6%
145th	Cyprus	15.06%	-2.0%
146th	Guatemala	14.67%	-0.9%
147th	Timor-Leste	14.49%	-29.1%
148th	Kenya	14.47%	-4.1%
149th	Uruguay	14.43%	-9.4%
150th	Costa Rica	14.38%	-0.4%
151st	Montenegro	14.10%	13.9%
152nd	Zimbabwe	13.93%	65.4%
153rd	Ukraine	13.62%	-23.4%
154th	Mozambique	13.59%	6.9%
155th	Burundi	13.49%	107.2%
156th	St. Vincent and the Grenadines	13.34%	9.4%
157th	South Africa	13.23%	-7.1%
158th	Brazil	12.71%	-5.2%
159th	Comoros	12.33%	2.5%
160th	Rwanda	12.07%	-16.0%
161st	Haiti	12.03%	-33.4%
162nd	Pakistan	11.88%	-6.6%
163rd	Namibia	11.65%	-12.5%
164th	Grenada	11.53%	21.6%
165th	Argentina	11.39%	-14.8%
166th	Aruba	11.04%	-47.7%
167th	Tunisia	10.68%	-8.1%
168th	Curaçao	10.59%	29.8%
169th	Guinea	10.25%	96.1%
170th	São Tomé and Principe	9.78%	-30.3%
171st	Barbados	9.34%	-12.6%
172nd	Greece	8.96%	-3.9%
173rd	Central African Republic	8.43%	43.4%
174th	Palau	7.47%	14.8%
175th	Marshall Islands	6.18%	-38.6%
176th	Seychelles	5.40%	-82.1%
177th	Malawi	3.85%	164.7%
178th	Sierra Leone	3.19%	1,434.6%
179th	Yemen, Republic of	2.65%	345.8%
180th	South Sudan	2.08%	-95.4%
181st	Sudan	-1.17%	-206.2%
182nd	Lebanon	-3.80%	-247.9%
183rd	Dominica	-14.21%	-178.8%
184th	Guyana	-16.08%	-296.0%

FAQ

What was Korea's gross savings in 2018?▾

Korea's gross savings in 2018 was 35.38%. This ranked 18th globally.

How did Korea's gross savings change in 2018?▾

Korea's gross savings decreased by 3.1% in 2018 compared to 2017.

Which country had the highest gross savings in 2018?▾

Brunei Darussalam had the highest gross savings in 2018 at 53.21%.

What is the gross savings of Korea in 2018?▾

The gross savings of Korea in 2018 was 35.38%. This ranked 18th globally.

How does 2018 compare to 2017 for Korea's gross savings?▾

Korea's gross savings went from 36.45% in 2017 to 35.38% in 2018, a 3.1% decrease.

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