In 2023, the Global Gross Domestic Savings landscape showcased diversity across countries, with China significantly leading, followed by the United States and Germany. Key growth drivers included countries like Norway, Nigeria, and Argentina, which exhibited over 9% year-on-year growth. Conversely, Japan, Thailand, and Pakistan showed declining trends. Consistent moderate growth was observed in economies like India, Russia, and Brazil.
Future trends to watch include China's continued dominance, the impact of economic policies in the United States, India's potential growth trajectory, and the recovery pace in economies facing economic challenges like Japan and Pakistan. Sustainability and geopolitical factors might further influence savings patterns globally.
Top countries in Gross Domestic Savings by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,220,000,000,000 | 2023 | +9.25% | +8.1% | View data |
| 2 | 2 United States | 4,481,800,000,000 | 2023 | +2.84% | +3.69% | View data |
| 3 | 3 Germany | 1,142,200,000,000 | 2023 | +3.64% | +0.51% | View data |
| 4 | 4 India | 1,035,100,000,000 | 2023 | +4.11% | +5.08% | View data |
| 5 | 5 Japan | 991,080,000,000 | 2023 | +2% | -5.19% | View data |
| 6 | 6 Russia | 769,670,000,000 | 2023 | +0.94% | +7.78% | View data |
| 7 | 7 France | 639,690,000,000 | 2023 | +1.86% | +0.064% | View data |
| 8 | 8 South Korea | 580,510,000,000 | 2023 | +4.61% | -1.3% | View data |
| 9 | 9 Canada | 559,350,000,000 | 2023 | +1.41% | +8.63% | View data |
| 10 | 10 Indonesia | 547,440,000,000 | 2023 | +5.6% | View data |
