Samoa Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Samoa's gross savings was 30.01% in 2024, ranked 36th globally. This represents a 14.7% increase from 2023. Data from World Bank, covering 2009–2024.
Overview
Samoa's gross savings stood at 30.01% in 2024, a rise of +3.85% from 2023. Samoa ranked 36th globally.
Samoa's Gross Savings rate has experienced fluctuations over the 16-year period since 2009, with an all-time peak of 36.16 in 2018, followed by a decline to a trough of 21.85 in 2022. In recent years, the country's Gross Savings rate has been steadily increasing, reaching 30.01 in 2024, ranking 36th globally. This is a relatively stable position, mirroring the Gross Savings rates of peer countries such as Guyana at 30.10 and Suriname at 29.90. The steady increase in Gross Savings since 2018 suggests a potential shift towards increased domestic investment and savings. However, continued growth in the country's economy and infrastructure will be crucial to sustaining this trend. A significant boost in foreign investment or government policies aimed at increasing domestic savings could further enhance Samoa's Gross Savings rate and contribute to sustained economic growth.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2024 | 30.01% | +3.85% | #36 |
| 2023 | 26.16% | +4.31% | #66 |
| 2022 | 21.85% | −7.00% | #94 |
| 2021 | 28.85% | −4.81% | #55 |
| 2020 | 33.66% | −2.06% | #20 |
| 2019 | 35.73% | −0.44% | #19 |
| 2018 | 36.16% | +4.24% | #16 |
| 2017 | 31.92% | −2.19% | #30 |
| 2016 | 34.11% | +3.22% | #17 |
| 2015 | 30.89% | +3.24% | #32 |
| 2014 | 27.65% | −0.00% | #44 |
| 2013 | 27.66% | −3.62% | #46 |
| 2012 | 31.28% | −0.14% | #41 |
| 2011 | 31.42% | +1.91% | #41 |
| 2010 | 29.51% | +3.51% | #46 |
Detected Pattern
Analysis
Samoa matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Samoa's gross savings was 30.01% in 2024. Ranked 36th globally. This represents a 14.7% increase from the previous year.
Samoa's gross savings peaked at 36.16% in 2018.
The lowest gross savings in Samoa was 21.85% in 2022.
Samoa ranks 36th 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 Samoa in 2024 was 30.01%. This ranks 36th in the world.
Cite this page
@misc{historysaid_samoa_gross-savings,
title = {Samoa Gross Savings},
url = {https://historysaid.com/samoa/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}