Russian Federation Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Russian Federation's gross savings was 28.47% in 2025, ranked 37th globally. This represents a 7.0% decrease from 2024. Data from World Bank, covering 1992–2025.
Overview
Russian Federation's gross savings stood at 28.47% in 2025, a decline of +2.16% from 2024. The IMF projects 28.47% by 2025. Russian Federation ranked 37th globally.
The Russian Federation's gross savings rate has exhibited significant fluctuations over the past three decades, with a notable peak of 37.36 in 1992, a year marked by the country's transition to a post-Soviet economy. This was followed by a steep decline, with the rate hitting its all-time trough of 19.32 in 1998, amidst a severe economic crisis. Since then, the country's gross savings rate has shown a gradual increase, but remains relatively low, currently standing at 28.47. This value ranks the Russian Federation 37th globally. In comparison, countries like Morocco and Benin have maintained relatively stable gross savings rates, with Morocco boasting a rate of 28.55, narrowly surpassing Russia's current rate. The recent increase in Russia's gross savings rate could be attributed to the country's economic growth and efforts to improve its fiscal position. However, a sustained decline in oil prices or a significant increase in domestic borrowing could potentially reverse this trend and alter the trajectory of Russia's gross savings rate.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 28.23% | - | - |
| 2029* IMF | 27.92% | - | - |
| 2028* IMF | 27.62% | - | - |
| 2027* IMF | 27.42% | - | - |
| 2026* IMF | 27.43% | - | - |
| 2025* IMF | 28.47% | - | - |
| 2025 | 28.47% | −2.16% | #37 |
| 2024 | 30.63% | +1.22% | #31 |
| 2023 | 31.04% | −2.52% | #39 |
| 2022 | 32.71% | +2.86% | #38 |
| 2021 | 29.81% | +3.98% | #46 |
| 2020 | 25.77% | −0.76% | #60 |
| 2019 | 26.54% | −2.38% | #68 |
| 2018 | 28.95% | +3.30% | #53 |
| 2017 | 25.67% | +0.66% | #68 |
| 2016 | 25.01% | −2.13% | #58 |
| 2015 | 26.37% | +1.17% | #55 |
| 2014 | 24.51% | −0.22% | #72 |
| 2013 | 24.28% | −3.52% | #70 |
| 2012 | 27.24% | −1.77% | #51 |
| 2011 | 28.76% | +3.97% | #48 |
Detected Pattern
Analysis
Russian Federation matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Russian Federation's gross savings was 28.47% in 2025. Ranked 37th globally. This represents a 7.0% decrease from the previous year.
Russian Federation's gross savings peaked at 37.36% in 1992.
The lowest gross savings in Russian Federation was 19.32% in 1998.
Russian Federation ranks 37th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Russian Federation's gross savings is projected to reach 28.47% by 2025 based on IMF projection.
The gross savings of Russian Federation in 2025 was 28.47%. This ranks 37th in the world.
Cite this page
@misc{historysaid_russian-federation_gross-savings,
title = {Russian Federation Gross Savings},
url = {https://historysaid.com/russian-federation/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}