Germany Gross Savings Rate (% of GDP) (2024)
Germany's Gross Savings Rate (% of GDP): 27.1 % of GDP in 2024, -0.5pp YoY. World Bank (NY.GNS.ICTR.ZS), 1990–2024.
Germany (2024)
27.1
% of GDP
-0.5pp YoY
YoY Change
-0.5pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 27.1 | -0.5pp |
| 2023 | 27.6 | +0.6pp |
| 2022 | 27 | -2.5pp |
| 2021 | 29.5 | +1.5pp |
| 2020 | 28 | -1.2pp |
| 2019 | 29.3 | -0.7pp |
| 2018 | 30 | +1.4pp |
| 2017 | 28.7 | +0pp |
| 2016 | 28.7 | +1pp |
| 2015 | 27.6 | +0.2pp |
| 2014 | 27.4 | +0.9pp |
| 2013 | 26.5 | -0.1pp |
| 2012 | 26.7 | -0.9pp |
| 2011 | 27.5 | +2.3pp |
| 2010 | 25.2 | +1.5pp |
| 2009 | 23.8 | -2.7pp |
| 2008 | 26.5 | -1pp |
| 2007 | 27.5 | +1.7pp |
| 2006 | 25.7 | +2.3pp |
| 2005 | 23.4 | n/a |
About this Dataset
Germany recorded 27.1 % of GDP in 2024. The most recent year-on-year change was -0.5pp. The historical series (1990–2024) shows a peak of 30.0 in 2018 and a trough of 21.1 in 2003.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks germany gross savings rate (% of gdp) in Germany, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 30.0 % of GDP in 2018 and reached its lowest recorded value of 21.1 in 2003. The latest reading of 27.1 in 2024 represents a year-on-year change of -0.5pp.