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Luxembourg Gross Savings

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

Luxembourg's gross savings was 27.01% in 2025, ranked 42nd globally. This represents a 115.6% increase from 2024. Data from World Bank, covering 1980–2025.

27.01% +14.48% (+115.6%)
Year 2025 Rank #42 Global Peak 36.85% (2007) Source World Bank

Luxembourg Gross Savings (1980–2025)

Overview

Luxembourg's gross savings stood at 27.01% in 2025, a rise of +14.48% from 2024. The IMF projects 27.01% by 2025. Luxembourg ranked 42nd globally.

Luxembourg’s gross savings ratio has risen markedly since the early 1980s, climbing from a trough of 11.24 in 1982 to an all‑time peak of 36.85 in 2007, before moderating to a still robust 27.01 in 2025, placing the country 42nd globally. Over the 46‑year series, the upward trajectory reflects sustained fiscal discipline and a strong current‑account surplus, which have enabled households and the government to retain a sizable share of national income. The post‑2007 decline coincides with the global financial crisis and subsequent policy adjustments, yet the savings rate remains above that of peer economies such as Germany (26.69) and Bangladesh (27.83). The persistence of high disposable income, low unemployment and a competitive financial sector suggest that Luxembourg’s gross savings could remain stable or modestly increase, provided external shocks are limited and fiscal policies continue to support private accumulation.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 26.55% - -
2029* IMF 26.52% - -
2028* IMF 26.48% - -
2027* IMF 26.56% - -
2026* IMF 26.87% - -
2025* IMF 27.01% - -
2025 27.01% +14.48% #42
2024 12.53% −9.41% #144
2023 15.79% −7.71% #132
2022 13.35% −11.75% #156
2021 20.37% −2.47% #106
2020 20.57% −6.61% #99
2019 18.04% −7.27% #128
2018 20.47% −4.87% #105
2017 21.67% −3.67% #90
2016 19.57% −5.00% #109
2015 17.81% −5.38% #120
2014 24.13% +2.04% #75
2013 22.39% −1.35% #86
2012 25.45% +0.54% #63
2011 18.60% −5.26% #104
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 +161.0% GDP growth 6.9% C/A balance 5.0%
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

Luxembourg 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 Luxembourg's gross savings?▾

Luxembourg's gross savings was 27.01% in 2025. Ranked 42nd globally. This represents a 115.6% increase from the previous year.

What was the highest gross savings in Luxembourg?▾

Luxembourg's gross savings peaked at 36.85% in 2007.

What was the lowest gross savings in Luxembourg?▾

The lowest gross savings in Luxembourg was 11.25% in 1982.

How does Luxembourg rank in gross savings?▾

Luxembourg ranks 42nd 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 Luxembourg in 2025?▾

Luxembourg's gross savings is projected to reach 27.01% by 2025 based on IMF projection.

What is the gross savings of Luxembourg in 2025?▾

The gross savings of Luxembourg in 2025 was 27.01%. This ranks 42nd in the world.

Cite this page

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