{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"cn-gross-savings-gdp","url":"https://apiardata.com/statistics/cn-gross-savings-gdp","html_url":"https://apiardata.com/statistics/cn-gross-savings-gdp/","title":"China Gross Savings Rate (% of GDP) (2024)","description":"China's Gross Savings Rate (% of GDP): 42.7 % of GDP in 2024, +0.1pp YoY. World Bank (NY.GNS.ICTR.ZS), 1982–2024.","domain":"macro","category":"Economy & Macro","keywords":["Economy & Macro","World Bank","China","2024"],"publisher":"World Bank","frequency":"Annual","geography":"China","temporal_coverage":"1982/2024","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2024","variable_measured":"China Gross Savings Rate (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS?locations=CN"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1982–2024"},{"label":"Observations","value":"43"},{"label":"Geography","value":"China"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"China (2024)","value":"42.7","unit":"% of GDP","trend":{"direction":"up","value":"+0.1pp YoY"}},{"label":"YoY Change","value":"+0.1pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"43","unit":"years of data"}],"series":[{"key":"value","label":"China Gross Savings Rate (% of GDP)"}],"observation_count":43,"observations":[{"period":"1982","value":33.7401218515491},{"period":"1983","value":33.0864003315375},{"period":"1984","value":34.8290823322912},{"period":"1985","value":35.2136837832798},{"period":"1986","value":35.1852345313221},{"period":"1987","value":37.1683603774977},{"period":"1988","value":37.9140585542929},{"period":"1989","value":35.8136048808832},{"period":"1990","value":36.6228275584888},{"period":"1991","value":38.4279725792786},{"period":"1992","value":40.5262148478143},{"period":"1993","value":41.5944567821618},{"period":"1994","value":41.5641800595348},{"period":"1995","value":39.3812636762869},{"period":"1996","value":38.5813284832836},{"period":"1997","value":39.5469344798754},{"period":"1998","value":38.1766453804451},{"period":"1999","value":36.3928397912428},{"period":"2000","value":35.5826474435708},{"period":"2001","value":37.0775585847377},{"period":"2002","value":38.6609215616113},{"period":"2003","value":42.1609224814857},{"period":"2004","value":45.3715794530289},{"period":"2005","value":45.5417056569754},{"period":"2006","value":47.7875413024031},{"period":"2007","value":49.7906549255041},{"period":"2008","value":51.2655667529843},{"period":"2009","value":49.8735875934712},{"period":"2010","value":50.7951259924622},{"period":"2011","value":48.6410622284448},{"period":"2012","value":48.1956233738576},{"period":"2013","value":47.0363460228068},{"period":"2014","value":47.2736238197056},{"period":"2015","value":45.1016053776732},{"period":"2016","value":43.8678663976574},{"period":"2017","value":44.3202552812278},{"period":"2018","value":43.7715764233009},{"period":"2019","value":43.2925997301417},{"period":"2020","value":43.4998633494291},{"period":"2021","value":44.679938707538},{"period":"2022","value":44.8335710565362},{"period":"2023","value":42.5717088559186},{"period":"2024","value":42.7150109198495}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"42.7","yoyChange":"+0.1pp"},{"year":"2023","value":"42.6","yoyChange":"-2.2pp"},{"year":"2022","value":"44.8","yoyChange":"+0.1pp"},{"year":"2021","value":"44.7","yoyChange":"+1.2pp"},{"year":"2020","value":"43.5","yoyChange":"+0.2pp"},{"year":"2019","value":"43.3","yoyChange":"-0.5pp"},{"year":"2018","value":"43.8","yoyChange":"-0.5pp"},{"year":"2017","value":"44.3","yoyChange":"+0.4pp"},{"year":"2016","value":"43.9","yoyChange":"-1.2pp"},{"year":"2015","value":"45.1","yoyChange":"-2.2pp"},{"year":"2014","value":"47.3","yoyChange":"+0.3pp"},{"year":"2013","value":"47.0","yoyChange":"-1.2pp"},{"year":"2012","value":"48.2","yoyChange":"-0.4pp"},{"year":"2011","value":"48.6","yoyChange":"-2.2pp"},{"year":"2010","value":"50.8","yoyChange":"+0.9pp"},{"year":"2009","value":"49.9","yoyChange":"-1.4pp"},{"year":"2008","value":"51.3","yoyChange":"+1.5pp"},{"year":"2007","value":"49.8","yoyChange":"+2.0pp"},{"year":"2006","value":"47.8","yoyChange":"+2.3pp"},{"year":"2005","value":"45.5","yoyChange":"+0.2pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks gross national savings as a share of GDP in China from 1990 to present. The savings rate determines the pool of capital available for domestic investment and current account dynamics. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1982–2024 (43 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 51.3 % of GDP in 2008 and reached its lowest recorded value of 33.1 in 1983. The latest reading of 42.7 in 2024 represents a change of +0.1pp."}]}