India Gross Savings Rate (% of GDP) (2024)
India's Gross Savings Rate (% of GDP): 30.3 % of GDP in 2024, -0.7pp YoY. World Bank (NY.GNS.ICTR.ZS), 1990–2024.
India (2024)
30.3
% of GDP
-0.7pp YoY
YoY Change
-0.7pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 30.3 | -0.7pp |
| 2023 | 30.9 | +1.1pp |
| 2022 | 29.8 | -0.1pp |
| 2021 | 29.9 | +1.2pp |
| 2020 | 28.7 | -1pp |
| 2019 | 29.7 | -1.7pp |
| 2018 | 31.4 | -0.3pp |
| 2017 | 31.7 | -0pp |
| 2016 | 31.7 | -0.7pp |
| 2015 | 32.5 | -1pp |
| 2014 | 33.5 | -0.8pp |
| 2013 | 34.3 | -1pp |
| 2012 | 35.3 | +0.1pp |
| 2011 | 35.1 | -1.2pp |
| 2010 | 36.3 | +0.7pp |
| 2009 | 35.6 | -0.6pp |
| 2008 | 36.3 | -0.8pp |
| 2007 | 37 | +0.7pp |
| 2006 | 36.4 | +1.9pp |
| 2005 | 34.4 | n/a |
About this Dataset
India recorded 30.3 % of GDP in 2024. The most recent year-on-year change was -0.7pp. The historical series (1990–2024) shows a peak of 37.0 in 2007 and a trough of 21.2 in 1990.
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 india gross savings rate (% of gdp) in India, 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 37.0 % of GDP in 2007 and reached its lowest recorded value of 21.2 in 1990. The latest reading of 30.3 in 2024 represents a year-on-year change of -0.7pp.