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Singapore Gross Savings

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

38.74% −1.54% (-3.8%)
Year 2025 Rank #7 Global Peak 52.30% (1997) Source World Bank

Singapore Gross Savings (1972–2025)

Overview

Singapore's gross savings stood at 38.74% in 2025, a decline of +1.54% from 2024. The IMF projects 38.74% by 2025. Singapore ranked 7th globally.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 40.10% - -
2029* IMF 40.08% - -
2028* IMF 39.35% - -
2027* IMF 38.48% - -
2026* IMF 38.16% - -
2025* IMF 38.74% - -
2025 38.74% −1.54% #7
2024 40.28% +1.34% #9
2023 38.67% −1.97% #13
2022 41.31% −2.51% #15
2021 44.18% +3.87% #7
2020 41.63% +1.74% #8
2019 40.07% −0.40% #11
2018 41.36% −4.52% #10
2017 46.53% +2.13% #5
2016 45.04% +1.00% #3
2015 44.05% −3.33% #7
2014 47.30% +1.61% #9
2013 45.52% −1.39% #10
2012 47.25% −1.66% #12
2011 48.81% −1.78% #11
Show all years (1972-2025)
* 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 +14.9% GDP growth 9.8% C/A balance 19.8%
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

Singapore 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 Singapore's gross savings?

Singapore's gross savings was 38.74% in 2025. Ranked 7th globally. This represents a 3.8% decrease from the previous year.

What was the highest gross savings in Singapore?

Singapore's gross savings peaked at 52.30% in 1997.

What was the lowest gross savings in Singapore?

The lowest gross savings in Singapore was 25.36% in 1973.

How does Singapore rank in gross savings?

Singapore ranks 7th 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 Singapore in 2025?

Singapore's gross savings is projected to reach 38.74% by 2025 based on IMF projection.

What is the gross savings of Singapore in 2025?

The gross savings of Singapore in 2025 was 38.74%. This ranks 7th in the world.

Cite this page

APA
Singapore Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/singapore/gross-savings
BibTeX
@misc{historysaid_singapore_gross-savings, title = {Singapore Gross Savings}, url = {https://historysaid.com/singapore/gross-savings}, publisher = {HistorySaid}, year = {2026} }