Korea - Gross Savings 2023
33.48%
−0.94% from 2022
Korea's gross savings was 33.48% in 2023, decreased +0.94% from 34.38% in 2022. This was the 29th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Qatar | 52.24% | -9.0% |
| 2nd | Kuwait | 48.80% | -4.2% |
| 3rd | Iran, Islamic Republic of | 47.54% | 2.6% |
| 4th | Brunei Darussalam | 45.87% | -9.0% |
| 5th | Macao SAR, China | 44.94% | 26.0% |
| 6th | Iraq | 43.32% | 36.2% |
| 7th | Bermuda | 43.04% | -1.2% |
| 8th | China | 42.57% | -5.0% |
| 9th | Gabon | 41.84% | 2.4% |
| 10th | Norway | 41.66% | -18.0% |
| 11th | Algeria | 40.77% | -7.4% |
| 12th | Cambodia | 38.84% | 144.5% |
| 13th | Singapore | 38.67% | -4.8% |
| 14th | San Marino | 38.58% | 0.0% |
| 15th | Nepal | 36.21% | 44.4% |
| 16th | Tanzania | 36.15% | 13.4% |
| 17th | Indonesia | 35.87% | 16.7% |
| 18th | Botswana | 35.57% | 33.3% |
| 19th | Panama | 35.42% | -1.3% |
| 20th | Tajikistan | 35.34% | 9.0% |
| 21st | Bahrain | 35.11% | -10.7% |
| 22nd | Bangladesh | 34.90% | 18.9% |
| 23rd | Viet Nam | 34.67% | 6.1% |
| 24th | Denmark | 34.65% | -3.6% |
| 25th | Zambia | 34.46% | 12.2% |
| 26th | Ireland | 34.11% | 7.8% |
| 27th | United Arab Emirates | 33.83% | -17.0% |
| 28th | Suriname | 33.81% | 10.9% |
| 29th | Korea | 33.48% | -2.7% |
| 30th | Mongolia | 33.46% | 15.8% |
| 31st | Switzerland | 33.30% | -2.4% |
| 32nd | Chad | 32.46% | -7.3% |
| 33rd | Congo, Republic of | 32.10% | -26.1% |
| 34th | Mauritania | 32.05% | 6.9% |
| 35th | Saudi Arabia | 31.93% | -17.4% |
| 36th | Türkiye | 31.78% | -6.5% |
| 37th | Congo, Democratic Republic of | 31.66% | 353.2% |
| 38th | Burundi | 31.45% | 659.3% |
| 39th | Russian Federation | 31.04% | -7.5% |
| 40th | India | 30.94% | -2.1% |
| 41st | Sweden | 30.76% | -0.4% |
| 42nd | Benin | 30.15% | 18.4% |
| 43rd | Japan | 29.98% | 3.7% |
| 44th | North Macedonia | 29.96% | 0.0% |
| 45th | Nicaragua | 29.83% | 58.3% |
| 46th | Kiribati | 29.80% | 15.1% |
| 47th | Netherlands | 29.50% | -0.5% |
| 48th | Myanmar | 29.46% | 3.5% |
| 49th | Azerbaijan | 29.46% | -22.8% |
| 50th | Israel | 29.32% | -3.3% |
| 51st | Oman | 28.95% | -6.5% |
| 52nd | Czechia | 28.81% | 9.3% |
| 53rd | Morocco | 28.02% | 4.8% |
| 54th | Austria | 27.71% | -2.3% |
| 55th | Germany | 27.60% | 1.9% |
| 56th | Slovenia | 27.38% | 17.4% |
| 57th | Philippines | 27.34% | 35.6% |
| 58th | Jamaica | 27.33% | 16.9% |
| 59th | Uzbekistan | 26.61% | -10.5% |
| 60th | Kosovo | 26.61% | 6.1% |
| 61st | Belarus | 26.56% | 6.2% |
| 62nd | Kazakhstan | 26.52% | -4.7% |
| 63rd | Trinidad and Tobago | 26.50% | 22.1% |
| 64th | Sri Lanka | 26.36% | 0.2% |
| 65th | Iceland | 26.22% | 16.3% |
| 66th | Samoa | 26.16% | 19.7% |
| 67th | Hungary | 26.09% | 0.2% |
| 68th | Equatorial Guinea | 25.40% | -28.4% |
| 69th | Belgium | 25.38% | -0.9% |
| 70th | Malta | 25.38% | -0.9% |
| 71st | Antigua and Barbuda | 25.33% | -0.1% |
| 72nd | Thailand | 25.32% | 3.8% |
| 73rd | Croatia | 25.30% | 12.0% |
| 74th | European Union | 24.98% | 0.9% |
| 75th | Libya | 24.72% | -28.3% |
| 76th | Guyana | 24.63% | -31.0% |
| 77th | Hong Kong SAR, China | 24.62% | -3.1% |
| 78th | Eswatini | 24.26% | 100.5% |
| 79th | Dominican Republic | 24.14% | -3.1% |
| 80th | Niger | 24.14% | 117.3% |
| 81st | Togo | 23.96% | 6.7% |
| 82nd | Estonia | 23.94% | -2.8% |
| 83rd | Malaysia | 23.86% | -10.9% |
| 84th | Spain | 23.85% | 3.2% |
| 85th | Australia | 23.78% | -3.0% |
| 86th | Lithuania | 23.75% | 7.7% |
| 87th | Italy | 23.28% | 1.8% |
| 88th | Senegal | 23.14% | -14.7% |
| 89th | Serbia | 22.56% | 13.5% |
| 90th | Ecuador | 22.39% | -8.0% |
| 91st | Albania | 22.16% | 11.8% |
| 92nd | Finland | 21.97% | -11.6% |
| 93rd | Canada | 21.94% | -12.3% |
| 94th | France | 21.74% | -3.8% |
| 95th | St. Vincent and the Grenadines | 21.54% | 34.8% |
| 96th | St. Lucia | 21.34% | 23.4% |
| 97th | Belize | 21.08% | 49.0% |
| 98th | Latvia | 20.87% | 11.3% |
| 99th | Cabo Verde | 20.81% | 8.5% |
| 100th | Bosnia and Herzegovina | 20.80% | -9.8% |
| 101st | Mauritius | 20.73% | 20.9% |
| 102nd | Portugal | 20.66% | 6.8% |
| 103rd | Bulgaria | 20.59% | 2.9% |
| 104th | Uganda | 20.54% | 31.3% |
| 105th | Armenia | 20.19% | -12.7% |
| 106th | Chile | 20.17% | 19.1% |
| 107th | Mexico | 20.12% | -6.3% |
| 108th | Paraguay | 19.94% | -3.5% |
| 109th | Lesotho | 19.89% | 12.5% |
| 110th | Peru | 19.88% | 11.1% |
| 111th | El Salvador | 19.60% | 10.4% |
| 112th | Aruba | 19.59% | -13.4% |
| 113th | Guatemala | 19.52% | 10.1% |
| 114th | Georgia | 19.43% | -1.1% |
| 115th | Romania | 19.37% | 11.0% |
| 116th | Poland | 19.07% | -3.6% |
| 117th | Gambia, The | 19.05% | -7.7% |
| 118th | Bahamas, The | 18.94% | 8.3% |
| 119th | Nigeria | 18.87% | 1.3% |
| 120th | Tonga | 18.65% | -32.2% |
| 121st | Guinea-Bissau | 18.04% | 91.0% |
| 122nd | Honduras | 17.75% | -9.6% |
| 123rd | United States | 17.67% | -2.8% |
| 124th | Bhutan | 17.61% | -15.5% |
| 125th | Slovak Republic | 17.16% | 26.6% |
| 126th | New Zealand | 16.98% | -0.6% |
| 127th | Argentina | 16.23% | -6.1% |
| 128th | Kenya | 16.05% | 14.6% |
| 129th | Côte d'Ivoire | 16.04% | -17.4% |
| 130th | Angola | 15.95% | -61.7% |
| 131st | Madagascar | 15.85% | -5.6% |
| 132nd | Luxembourg | 15.79% | -32.8% |
| 133rd | St. Kitts and Nevis | 15.45% | -1.0% |
| 134th | Jordan | 15.13% | 42.8% |
| 135th | Brazil | 15.04% | -5.6% |
| 136th | Cameroon | 14.94% | -4.3% |
| 137th | United Kingdom | 14.89% | -10.5% |
| 138th | Mali | 14.82% | 33.8% |
| 139th | Egypt, Arab Republic of | 14.79% | -9.7% |
| 140th | Djibouti | 14.77% | 76.8% |
| 141st | South Africa | 14.72% | -4.1% |
| 142nd | Grenada | 14.71% | -17.4% |
| 143rd | Costa Rica | 14.31% | -0.7% |
| 144th | Montenegro | 14.25% | -3.1% |
| 145th | Uruguay | 14.25% | -4.2% |
| 146th | Bolivia, Plurinational State of | 14.05% | 0.8% |
| 147th | Burkina Faso | 13.56% | 28.9% |
| 148th | Rwanda | 13.49% | -17.6% |
| 149th | West Bank and Gaza | 13.08% | -10.2% |
| 150th | Pakistan | 13.08% | 20.0% |
| 151st | São Tomé and Principe | 12.86% | -45.3% |
| 152nd | Ukraine | 12.79% | -24.9% |
| 153rd | Colombia | 12.67% | -7.9% |
| 154th | Maldives | 12.22% | -27.0% |
| 155th | Zimbabwe | 12.07% | -71.5% |
| 156th | Cyprus | 11.74% | -12.0% |
| 157th | Comoros | 11.70% | -3.3% |
| 158th | Haiti | 11.37% | -15.0% |
| 159th | Namibia | 11.08% | 51.0% |
| 160th | Sierra Leone | 10.64% | 24.7% |
| 161st | Guinea | 9.29% | -20.5% |
| 162nd | Greece | 9.12% | -1.6% |
| 163rd | Moldova | 8.78% | -13.9% |
| 164th | South Sudan | 7.98% | -79.3% |
| 165th | Ghana | 7.95% | -41.9% |
| 166th | Barbados | 7.21% | 5.1% |
| 167th | Central African Republic | 6.16% | 178.3% |
| 168th | Solomon Islands | 5.71% | -40.9% |
| 169th | Tunisia | 4.88% | -7.0% |
| 170th | Dominica | 3.86% | -62.4% |
| 171st | Seychelles | 2.96% | -81.0% |
| 172nd | Mozambique | 2.64% | -61.0% |
| 173rd | Sudan | -0.26% | 89.0% |
| 174th | Malawi | -1.13% | 73.4% |
| 175th | Afghanistan | -5.06% | -171.7% |
| 176th | Yemen, Republic of | -6.31% | 35.0% |
| 177th | Timor-Leste | -8.48% | -135.9% |
| 178th | Palau | -12.70% | -196.0% |
| 179th | Lebanon | -12.70% | -57.6% |
| 180th | Kyrgyz Republic | -25.21% | -23.9% |
FAQ
What was Korea's gross savings in 2023?▾
Korea's gross savings in 2023 was 33.48%. This ranked 29th globally.
How did Korea's gross savings change in 2023?▾
Korea's gross savings decreased by 2.7% in 2023 compared to 2022.
Which country had the highest gross savings in 2023?▾
Qatar had the highest gross savings in 2023 at 52.24%.
What is the gross savings of Korea in 2023?▾
The gross savings of Korea in 2023 was 33.48%. This ranked 29th globally.
How does 2023 compare to 2022 for Korea's gross savings?▾
Korea's gross savings went from 34.38% in 2022 to 33.48% in 2023, a 2.7% decrease.
Related
2022
2024
All years
Full ranking 2023
GDP
GDP per Capita
GDP Growth
GDP PPP
GNI
Peak: 1988
Lowest: 1981
Gross Savings 1990s
Gross Savings 2000s
Gross Savings 2010s
Gross Savings 2020s
Highest ever
Lowest ever
Average
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