Tajikistan Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Tajikistan's gross savings was 26.49% in 2025, ranked 45th globally. This represents a 2.6% decrease from 2024. Data from World Bank, covering 1992–2025.
Overview
Tajikistan's gross savings stood at 26.49% in 2025, a decline of +0.72% from 2024. The IMF projects 26.49% by 2025. Tajikistan ranked 45th globally.
Tajikistan’s gross savings ratio has risen markedly since the early 1990s, moving from a low of 7.10 in 1992 to a historic high of 50.23 in 2022, before easing to 26.49 in 2025, which places the country 45th in the global ranking. The early post‑Soviet period saw a sharp dip, with savings turning negative at –3.80 in 1993, reflecting macro‑economic instability and fiscal pressures that dominated the transition era. Over the subsequent three decades the economy gradually rebuilt capital buffers, aided by structural reforms and modest growth in remittances, allowing the savings share to climb steadily. By 2025 Tajikistan’s savings rate is comparable to peers such as Lesotho (26.57) and North Macedonia (26.42), and only slightly below Germany’s 26.69, indicating convergence with middle‑income economies. Continued improvement will depend on sustaining export diversification, enhancing fiscal discipline, and attracting higher‑return investment, which could lift the savings ratio further in the coming years.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 20.32% | - | - |
| 2029* IMF | 20.25% | - | - |
| 2028* IMF | 20.26% | - | - |
| 2027* IMF | 21.13% | - | - |
| 2026* IMF | 22.43% | - | - |
| 2025* IMF | 26.49% | - | - |
| 2025 | 26.49% | −0.72% | #45 |
| 2024 | 27.21% | +3.95% | #55 |
| 2023 | 35.34% | +2.93% | #20 |
| 2022 | 50.23% | +25.24% | #5 |
| 2021 | 40.43% | +19.37% | #12 |
| 2020 | 36.06% | +20.19% | #16 |
| 2019 | 36.46% | +20.64% | #17 |
| 2018 | 34.59% | +8.82% | #21 |
| 2017 | 30.51% | +14.15% | #37 |
| 2016 | 32.31% | +20.20% | #21 |
| 2015 | 41.67% | +30.11% | #8 |
| 2014 | 16.22% | +9.44% | #125 |
| 2013 | 11.85% | +2.86% | #149 |
| 2012 | 11.49% | −0.24% | #152 |
| 2011 | 15.15% | +7.49% | #132 |
Detected Pattern
Analysis
Tajikistan matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Tajikistan's gross savings was 26.49% in 2025. Ranked 45th globally. This represents a 2.6% decrease from the previous year.
Tajikistan's gross savings peaked at 50.23% in 2022.
The lowest gross savings in Tajikistan was -3.80% in 1993.
Tajikistan ranks 45th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Tajikistan's gross savings is projected to reach 26.49% by 2025 based on IMF projection.
The gross savings of Tajikistan in 2025 was 26.49%. This ranks 45th in the world.
Cite this page
@misc{historysaid_tajikistan_gross-savings,
title = {Tajikistan Gross Savings},
url = {https://historysaid.com/tajikistan/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}