National Savings as Percent of GDP
Europe Ranking
as percent of GDPSource: IMF
Definition of National Savings as Percent of GDP
Gross savings are calculated as gross national income less total consumption, plus net transfers.
Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
---|---|---|---|---|---|
1 ↑ | Norway | 40.57 | 2021 | 3 | 31.4 |
2 ↓ | Ireland | 37.32 | 2021 | 1 | 37.38 |
3 ↑ | Switzerland | 34.73 | 2021 | 4 | 31.32 |
4 ↑ | Angola | 33.56 | 2021 | 13 | 26.46 |
5 ↑ | Belarus | 32.14 | 2021 | 15 | 25.63 |
6 ↓ | Denmark | 31.66 | 2021 | 5 | 31.06 |
7 ↓ | Sweden | 31.06 | 2021 | 6 | 30.81 |
8 | Netherlands | 30.7 | 2021 | 8 | 28.73 |
9 ↓ | Macedonia | 30.26 | 2021 | 2 | 31.53 |
10 ↓ | Estonia | 29.87 | 2021 | 9 | 28.23 |
11 ↓ | Germany | 29.69 | 2021 | 10 | 28.09 |
12 ↑ | Malta | 29.01 | 2021 | 19 | 24.51 |
13 ↓ | Czech Republic | 28.53 | 2021 | 7 | 29.02 |
14 ↑ | Faroe Islands | 28.4 | 2011 | 22 | 22.9 |
15 ↓ | Austria | 27.85 | 2021 | 11 | 27.7 |
16 ↓ | Hungary | 27.67 | 2021 | 14 | 26.11 |
17 | Belgium | 27.17 | 2021 | 17 | 25.02 |
18 ↓ | Finland | 25.86 | 2021 | 16 | 25.15 |
19 ↓ | Slovenia | 25.07 | 2021 | 12 | 27.46 |
20 ↓ | Latvia | 24.27 | 2021 | 18 | 24.75 |
21 ↑ | France | 23.9 | 2021 | 24 | 21.47 |
22 ↓ | Croatia | 23.58 | 2021 | 21 | 23.87 |
23 ↑ | Italy | 22.53 | 2021 | 25 | 21.44 |
24 ↓ | Spain | 22.43 | 2021 | 23 | 21.51 |
25 ↓ | Bulgaria | 21.38 | 2020 | 20 | 24.29 |
26 ↑ | Luxembourg | 21.33 | 2020 | 37 | 15.92 |
27 ↑ | Serbia | 20.57 | 2020 | 31 | 18.28 |
28 ↓ | Lithuania | 19.97 | 2021 | 26 | 20.8 |
29 ↓ | Poland | 19.84 | 2021 | 27 | 20.11 |
30 ↑ | Albania | 19.31 | 2021 | 40 | 13.5 |
31 ↓ | Romania | 19 | 2021 | 29 | 19.44 |
32 ↑ | Bosnia and Herzegovina | 18.9 | 2019 | 35 | 17.09 |
33 | Portugal | 18.23 | 2021 | 33 | 17.31 |
34 ↓ | Slovakia | 18.05 | 2021 | 30 | 18.42 |
35 ↑ | Moldova | 16.96 | 2021 | 36 | 16.76 |
36 ↓ | Iceland | 16.86 | 2021 | 34 | 17.12 |
37 ↑ | Armenia | 16.33 | 2021 | 38 | 14.72 |
38 ↓ | Montenegro | 16.22 | 2021 | 32 | 17.69 |
39 | United Kingdom | 15.12 | 2021 | 39 | 14.33 |
40 ↑ | Ukraine | 12.49 | 2021 | 41 | 12.22 |
41 ↓ | Georgia | 11.32 | 2020 | 28 | 19.76 |
42 ↑ | Greece | 10.95 | 2021 | 43 | 7.31 |
43 ↓ | Cyprus | 9.58 | 2021 | 42 | 8.79 |
Gross savings are calculated as gross national income less total consumption, plus net transfers.