China Gross Savings Rate

1952 - 2019 | Yearly | % | CEIC Data

China Gross Savings Rate was measured at 44.2 % in Dec 2019, compared with 44.7 % in the previous year. China Gross Savings Rate is updated yearly, available from Dec 1952 to Dec 2019, with an average rate of 36.5 %. The data reached an all-time high of 50.7 % in Dec 2010 and a record low of 16.5 % in Dec 1962. CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.

In the latest reports, China GDP expanded 4.9 % YoY in Sep 2020. China Nominal GDP reached 3,849.8 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 0.6 % in Sep 2020. China GDP Per Capita reached 10,263.7 USD in Dec 2019.

View China's Gross Savings Rate from 1952 to 2019 in the chart:

China Gross Savings Rate

What was China's Gross Savings Rate in 2019?

Last Previous Min Max Unit Frequency Range
44.2 2019 44.7 2018 16.5 1962 50.7 2010 % yearly 1952 - 2019

Gross Savings Rate by Country Comparison

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Includes Gross Savings Rate on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 8.8 Sep 2020 quarterly Mar 2008 - Sep 2020
Algeria (%) 37.6 2016 yearly 2000 - 2016
Argentina (%) 22.8 Sep 2020 quarterly Mar 2004 - Sep 2020
Armenia (%) 10.3 Sep 2020 quarterly Dec 1994 - Sep 2020
Australia (%) 25.4 Sep 2020 quarterly Sep 1959 - Sep 2020
Austria (%) 27.3 Sep 2020 quarterly Mar 1995 - Sep 2020
Azerbaijan (%) 27.6 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) 31.6 2018 yearly 1989 - 2018
Bangladesh (%) 30.1 2020 yearly 2006 - 2020
Belarus (%) 35.3 Sep 2020 quarterly Mar 1992 - Sep 2020

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China Key Series

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Includes 307 key indicators for China, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.8 Sep 2020 quarterly Dec 1995 - Sep 2020
Consolidated Fiscal Balance (USD mn) 48,725.726 Oct 2020 monthly Jan 1995 - Oct 2020
Tax Revenue (USD mn) 139,075.255 Nov 2020 monthly Jan 1995 - Nov 2020
Tax Revenue: % of GDP (%) 13.9 Sep 2020 quarterly Mar 1995 - Sep 2020
National Government Debt (USD mn) 2,413,715.4 2019 yearly 2005 - 2019
Government Debt: % of GDP (%) 18.0 Jun 2020 quarterly Mar 2014 - Jun 2020
Forecast: Government Expenditure (RMB bn) 50,816.686 2025 yearly 1982 - 2025
Forecast: Government Net Debt (RMB bn) 119,832.398 2025 yearly 1995 - 2025
Forecast: Government Revenue (RMB bn) 38,329.759 2025 yearly 1982 - 2025
Foreign Debts: Qtr: Total (USD mn) 2,294,400.000 Sep 2020 quarterly Jun 2003 - Sep 2020
Foreign Debts: Qtr: Long Term (USD mn) 998,800.000 Sep 2020 quarterly Jun 2003 - Sep 2020

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