Spain Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Spain's gross savings was 24.33% in 2025, ranked 59th globally. This represents a 0.1% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Spain's gross savings stood at 24.33% in 2025, a decline of +0.02% from 2024. The IMF projects 24.33% by 2025. Spain ranked 59th globally.
Spain's gross savings rate has undergone significant fluctuations over the past five decades. At its peak in 1975, the country saved 25.10% of its GDP, a value that contrasts sharply with the 18.11% trough reached in 2011. This 7.99 percentage point decline indicates a substantial decrease in the nation's savings capacity, a trend that is also evident in its current ranking of 59 globally, with a gross savings rate of 24.33% in 2025. A comparison with peer countries reveals that Kazakhstan, which saved 24.49% of its GDP in 2025, has a slightly higher savings rate. Malta, on the other hand, has a similar savings rate of 24.24%. The decline in Spain's savings rate can be attributed to various economic factors, including a shift towards consumption-oriented policies and a prolonged economic downturn. However, with the European economy expected to recover in the coming years, a boost in domestic investment and consumption could potentially alter Spain's savings trajectory, leading to an increase in its gross savings rate.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 23.05% | - | - |
| 2029* IMF | 23.43% | - | - |
| 2028* IMF | 23.80% | - | - |
| 2027* IMF | 24.22% | - | - |
| 2026* IMF | 24.40% | - | - |
| 2025* IMF | 24.33% | - | - |
| 2025 | 24.33% | −0.02% | #59 |
| 2024 | 24.35% | +0.50% | #73 |
| 2023 | 23.85% | +0.74% | #84 |
| 2022 | 23.11% | +0.46% | #85 |
| 2021 | 22.64% | +1.23% | #91 |
| 2020 | 21.42% | −1.62% | #90 |
| 2019 | 23.04% | +0.45% | #89 |
| 2018 | 22.58% | +0.22% | #89 |
| 2017 | 22.36% | +0.16% | #87 |
| 2016 | 22.21% | +0.79% | #85 |
| 2015 | 21.42% | +1.49% | #94 |
| 2014 | 19.91% | +0.42% | #107 |
| 2013 | 19.50% | +0.75% | #103 |
| 2012 | 18.75% | +0.65% | #101 |
| 2011 | 18.11% | −0.73% | #109 |
Detected Pattern
Analysis
Spain matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Spain's gross savings was 24.33% in 2025. Ranked 59th globally. This represents a 0.1% decrease from the previous year.
Spain's gross savings peaked at 25.10% in 1975.
The lowest gross savings in Spain was 18.11% in 2011.
Spain ranks 59th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Spain's gross savings is projected to reach 24.33% by 2025 based on IMF projection.
The gross savings of Spain in 2025 was 24.33%. This ranks 59th in the world.
Cite this page
@misc{historysaid_spain_gross-savings,
title = {Spain Gross Savings},
url = {https://historysaid.com/spain/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}