Top Nine (9) Gross Domestic Savings Rate Across the World:

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Global Savings Rate (As of 2023) 

What is Gross Domestic Savings Rate?

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The term "gross domestic savings" refers to the amount of money kept within a country's borders (savings).    In economics, gross domestic savings (GDS) is calculated as GDP minus FINCA (final consumption). It is often reported as a share of GDP.  The term "gross domestic savings" refers to the total amount of money put away by governments, businesses, and households combined.

Singapore

1

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Savings Rate: 58%

China

2

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Savings Rate: 45%

Switzerland

3

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Savings Rate: 38%

South Korea

4

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Savings Rate: 36%

INDIA

5

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Savings Rate: 31%

Germany

6

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Savings Rate: 28%

U.S.A

7

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Savings Rate: 18%

United Kingdom

8

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Savings Rate: 17%