Korea (South Korea) Gross National Savings (% of GDP) Statistics

15, Nov 2019, EST.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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: Central Bank. The Bank of Korea revised the national accounts data when adopting the 2008 System of National Accounts (SNA). Official data are only available from 2000. Data prior to 2000 were obtained by applying the growth rates of the previous data series and should be treated as provisional. Latest actual data: 2014 National accounts manual used: System of National Accounts (SNA) 2008 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2010 Chain-weighted: Yes, from before 1980 Primary domestic currency: Korean won Data last updated: 03/2016

Gross National Savings (% of GDP) Statistics for Korea (South Korea), Year 2015 - In Detail

Gross National Savings (% of GDP) for Korea in year 2015 is 35.661 %. 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.

This makes Korea No. 8 in world rankings according to Gross National Savings (% of GDP) in year 2015. The world's average Gross National Savings (% of GDP) value is 17.53 %; Korea is 18.13 more than the average.

In the previous year, 2014, Gross National Savings (% of GDP) for Korea was 35.14 % Gross National Savings (% of GDP) for Korea in 2015 was or will be 1.47% more than it was or will be in 2014.

In the following or forecasted year, 2016, Gross National Savings (% of GDP) for Korea was or will be 35.17 %, which is 1.37% less than the 2015 figure.

* Source: IMF
Gross National Savings (% of GDP) for Korea, in other Years
Year %
  2021 33.427
  2020 33.768
  2019 34.095
  2018 34.306
  2017 34.709
  2016 35.171
2015 35.661
  2014 35.144
  2013 35.318
  2012 35.158
  2011 34.51
  2010 34.659
  2009 32.19
  2008 33.337
  2007 33.63
  2006 33.053
  2005 33.572
  2004 36.006
  2003 33.76
  2002 31.71
  2001 32.066
  2000 34.801
  1999 35.369
  1998 38.468
  1997 35.58
  1996 35.696
  1995 37.251
  1994 37.559
  1993 38.004
  1992 37.791
  1991 39.039
  1990 38.755
  1989 38.802
  1988 41.332
  1987 39.131
  1986 34.813
  1985 30.493
  1984 30.43
  1983 28.754
  1982 25.082
  1981 23.578
  1980 23.961