Kosovo Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Kosovo's gross savings was 25.54% in 2024, ranked 63rd globally. This represents a 4.0% decrease from 2023. Data from World Bank, covering 2008–2024.
Overview
Kosovo's gross savings stood at 25.54% in 2024, a decline of +1.07% from 2023. Kosovo ranked 63rd globally.
Kosovo’s gross savings rate has risen modestly over the 17‑year span from 24.35 percent in 2008 to 25.54 percent in 2024, placing the country 63rd globally. The indicator reached its highest level of 29.28 percent in 2017, a notable peak that followed a trough of 20.32 percent in 2010, suggesting that post‑crisis fiscal consolidation and gradual income growth have bolstered household and corporate saving capacity. Compared with peer economies, Kosovo’s 2024 rate is slightly above Austria’s 25.44 percent and closely aligned with Equatorial Guinea’s 25.63 percent, indicating a comparable saving propensity among nations with divergent income levels. The upward trajectory since the 2010 low reflects improving macro‑economic stability, yet the modest increase since the 2017 peak points to limited further gains. Continued structural reforms, higher disposable incomes, and deeper financial market development could sustain the upward trend and push the savings rate beyond its recent plateau.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2024 | 25.54% | −1.07% | #63 |
| 2023 | 26.61% | +1.54% | #60 |
| 2022 | 25.07% | −2.15% | #74 |
| 2021 | 27.22% | +0.63% | #65 |
| 2020 | 26.58% | −2.30% | #55 |
| 2019 | 28.88% | +0.24% | #55 |
| 2018 | 28.64% | −0.65% | #55 |
| 2017 | 29.28% | +3.74% | #41 |
| 2016 | 25.54% | +3.87% | #54 |
| 2015 | 21.67% | +1.06% | #90 |
| 2014 | 20.61% | −5.87% | #106 |
| 2013 | 26.48% | +0.70% | #55 |
| 2012 | 25.78% | +3.15% | #61 |
| 2011 | 22.64% | +2.31% | #76 |
| 2010 | 20.32% | −2.32% | #92 |
Analysis
Kosovo's gross savings was 25.54% in 2024, a decline of −1.07% from 2023.
Frequently Asked Questions
Kosovo's gross savings was 25.54% in 2024. Ranked 63rd globally. This represents a 4.0% decrease from the previous year.
Kosovo's gross savings peaked at 29.28% in 2017.
The lowest gross savings in Kosovo was 20.32% in 2010.
Kosovo ranks 63rd globally in gross savings as of 2024.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
The gross savings of Kosovo in 2024 was 25.54%. This ranks 63rd in the world.
Cite this page
@misc{historysaid_kosovo_gross-savings,
title = {Kosovo Gross Savings},
url = {https://historysaid.com/kosovo/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}