Italy—Gross Savings (% of GNI)
Category: EconomySource: World Bank World Development IndicatorsGlobal Rank: #73 of 161
Latest Value
23.6%
2024
YoY Change
+1.6%
2023 → 2024
Global Rank
#73
of 161 countries
Maximum
24.0%
2021
Minimum
17.6%
2010
CAGR
+0.5%
25 years
Last
23.6%
Previous
23.3%
Highest
24.0%
Lowest
17.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 23.6% | +1.6% |
| 2023 | 23.3% | +2.2% |
| 2022 | 22.8% | -5.1% |
| 2021 | 24.0% | +10.6% |
| 2020 | 21.7% | +0.9% |
| 2019 | 21.5% | +1.5% |
| 2018 | 21.2% | +2.8% |
| 2017 | 20.6% | +2.1% |
| 2016 | 20.2% | +9.0% |
| 2015 | 18.5% | -1.6% |
| 2014 | 18.8% | +4.4% |
| 2013 | 18.0% | +1.5% |
| 2012 | 17.8% | -1.0% |
| 2011 | 17.9% | +2.2% |
| 2010 | 17.6% | -1.8% |
| 2009 | 17.9% | -7.4% |
| 2008 | 19.3% | -9.1% |
| 2007 | 21.3% | +1.7% |
| 2006 | 20.9% | +1.2% |
| 2005 | 20.6% | -2.4% |
| 2004 | 21.2% | +1.7% |
| 2003 | 20.8% | -3.5% |
| 2002 | 21.5% | +0.4% |
| 2001 | 21.5% | +1.9% |
| 2000 | 21.0% |
Top Countries — Gross Savings (% of GNI)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Qatar | 57.4% | 2022 |
| 2 | Kuwait | 48.8% | 2023 |
| 3 | Brunei Darussalam | 47.7% | 2024 |
| 4 | Macao SAR, China | 44.9% | 2023 |
| 5 | Bermuda | 43.0% | 2023 |
| 6 | China | 42.8% | 2024 |
| 7 | Iraq | 41.9% | 2024 |
| 8 | Norway | 40.8% | 2024 |
| 9 | Cambodia | 40.5% | 2024 |
| 10 | Singapore | 40.3% | 2024 |
About This Indicator
Definition
Savings is an amount that represent the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →