Korea, Rep. | Gross savings (current US$)

Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Statistical concept and methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Gross savings (current US$)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976 7638148760.3306
1977 10976512396.694
1978 16416247933.884
1979 20523917355.372
1980 16416997664.35
1981 17881899279.252
1982 20702695940.358
1983 26402101305.926
1984 31296082934.5
1985 32456032190.065
1986 41385792126.352
1987 57951619030.961
1988 82665436434.279
1989 95610559930.706
1990 110586899653.39
1991 129076914826.73
1992 135574104124.2
1993 149990142537.09
1994 175696140622.7
1995 213502681419.97
1996 219451528778.12
1997 204621360047.94
1998 144605981580.39
1999 175999180890.91
2000 195287829832.46
2001 174908475690.36
2002 197296764924.56
2003 231768452725.59
2004 281277984927.38
2005 315675177014.88
2006 346408870833.03
2007 392280132232.46
2008 348993311481.66
2009 314157588451.99
2010 400794303659.44
2011 434531984421.08
2012 443019328375.96
2013 477653103874.03
2014 519379210945.63
2015 532885577066.23
2016 551660605640.45
2017 600765716194.15
2018 618634786897.33
2019 574371209740.14
2020 595713925239.11
2021 668299767832.39
2022 576957875036.66

Korea, Rep. | Gross savings (current US$)

Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars. Statistical concept and methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source