Korea, Rep. | Gross savings (% of GDP)
Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.
| year | value |
|---|---|
| 1960 | |
| 1961 | |
| 1962 | |
| 1963 | |
| 1964 | |
| 1965 | |
| 1966 | |
| 1967 | |
| 1968 | |
| 1969 | |
| 1970 | |
| 1971 | |
| 1972 | |
| 1973 | |
| 1974 | |
| 1975 | |
| 1976 | 25.54352993 |
| 1977 | 28.55010452 |
| 1978 | 31.5866505 |
| 1979 | 30.65700892 |
| 1980 | 25.10306565 |
| 1981 | 24.51807631 |
| 1982 | 26.42051352 |
| 1983 | 30.08424665 |
| 1984 | 32.09500985 |
| 1985 | 32.04072762 |
| 1986 | 35.42204876 |
| 1987 | 39.17007406 |
| 1988 | 41.41735711 |
| 1989 | 38.71988423 |
| 1990 | 39.02619244 |
| 1991 | 39.03767405 |
| 1992 | 38.13350428 |
| 1993 | 38.19792218 |
| 1994 | 37.89659797 |
| 1995 | 37.6826403 |
| 1996 | 35.9658109 |
| 1997 | 35.91391946 |
| 1998 | 37.72344712 |
| 1999 | 35.37572139 |
| 2000 | 33.8935814 |
| 2001 | 31.93763718 |
| 2002 | 31.45440086 |
| 2003 | 32.98186327 |
| 2004 | 35.46226062 |
| 2005 | 33.76562363 |
| 2006 | 32.89055346 |
| 2007 | 33.45347261 |
| 2008 | 33.32190514 |
| 2009 | 33.28145476 |
| 2010 | 35.04450744 |
| 2011 | 34.67131668 |
| 2012 | 34.66378694 |
| 2013 | 34.84908939 |
| 2014 | 34.98708153 |
| 2015 | 36.34866468 |
| 2016 | 36.78522554 |
| 2017 | 37.01406395 |
| 2018 | 35.85512285 |
| 2019 | 34.78038233 |
| 2020 | 36.22874636 |
| 2021 | 36.75142807 |
| 2022 | 34.46754278 |
Korea, Rep. | Gross savings (% of GDP)
Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.