South Korea Gross Savings Rate (% of GDP) (2024)
South Korea's Gross Savings Rate (% of GDP): 35 % of GDP in 2024, +1.7pp YoY. World Bank (NY.GNS.ICTR.ZS), 1990–2024.
South Korea (2024)
35
% of GDP
+1.7pp YoY
YoY Change
+1.7pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 35 | +1.7pp |
| 2023 | 33.4 | -0.9pp |
| 2022 | 34.3 | -2.3pp |
| 2021 | 36.6 | +0.8pp |
| 2020 | 35.8 | +1.5pp |
| 2019 | 34.3 | -1.1pp |
| 2018 | 35.4 | -1.1pp |
| 2017 | 36.5 | +0.2pp |
| 2016 | 36.3 | +0.5pp |
| 2015 | 35.8 | +1.3pp |
| 2014 | 34.6 | +0.1pp |
| 2013 | 34.5 | +0.2pp |
| 2012 | 34.3 | -0pp |
| 2011 | 34.4 | -0.6pp |
| 2010 | 35 | +1.9pp |
| 2009 | 33.1 | -0.1pp |
| 2008 | 33.2 | -0.2pp |
| 2007 | 33.4 | +0.5pp |
| 2006 | 32.9 | -0.9pp |
| 2005 | 33.8 | n/a |
About this Dataset
South Korea recorded 35.0 % of GDP in 2024. The most recent year-on-year change was +1.7pp. The historical series (1990–2024) shows a peak of 39.6 in 1990 and a trough of 31.7 in 2002.
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 south korea gross savings rate (% of gdp) in South Korea, 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 39.6 % of GDP in 1990 and reached its lowest recorded value of 31.7 in 2002. The latest reading of 35.0 in 2024 represents a year-on-year change of +1.7pp.