27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Korea (South Korea) › Change country
Economic Indicator: Gross National Savings (% of GDP) › See all Korea indicators, › See Gross National Savings (% of GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: South Korean Won
Currency Symbol: KRW

Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment. Source: CEIC Latest actual data: 2009. Only real GDP for 2010 is actual (i.e. advance release by BOK). Nominal GDP for 2010Q4 has not been released yet. National accounts manual used: SNA 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2005 Chain-weighted: Yes, from before 1980 Primary domestic currency: Korean won Data last updated: 03/2011

Gross National Savings (% of GDP) for Korea in year 2010 is 31.491 %

This makes Korea No. 27 in world rankings according to Gross National Savings (% of GDP) in year 2010. The world's average Gross National Savings (% of GDP) value is 18.64 %; Korea is 12.85 more than the average.

In the previous year, 2009, Gross National Savings (% of GDP) for Korea was 29.86 % Gross National Savings (% of GDP) for Korea in 2010 was or will be 5.47% more than it was or will be in 2009.

In the following or forecasted year, 2011, Gross National Savings (% of GDP) for Korea was or will be 30.19 %, which is 4.13% less than the 2010 figure.