India Gross Savings Rate

1951 - 2019 | Yearly | % | CEIC Data

India Gross Savings Rate was measured at 30.1 % in Mar 2019, compared with 32.4 % in the previous year. India Gross Savings Rate is updated yearly, available from Mar 1951 to Mar 2019, with an average rate of 18.6 %. The data reached an all-time high of 37.8 % in Mar 2008 and a record low of 7.9 % in Mar 1954. CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Central Statistics Office provides Gross Domestic Savings in local currency and Nominal GDP in local currency based on SNA 2008, at 2011-2012 prices. Gross Domestic Savings Rate is annual frequency, ending in March of each year.

In the latest reports, India GDP contracted 23.9 % YoY in Jun 2020. India Nominal GDP reached 635.2 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 1.8 % in Jun 2020. India GDP Per Capita reached 2,139.2 USD in Mar 2020.

View India's Gross Savings Rate from 1951 to 2019 in the chart:

India Gross Savings Rate

What was India's Gross Savings Rate in 2019?

Last Previous Min Max Unit Frequency Range
30.1 2019 32.4 2018 7.9 1954 37.8 2008 % yearly 1951 - 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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India Key Series

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Includes 343 key indicators for India, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.1 Jun 2020 quarterly Mar 2005 - Jun 2020
Consolidated Fiscal Balance (USD mn) 5,936.349 Sep 2020 monthly Apr 1997 - Sep 2020
Tax Revenue (USD mn) 15,186.761 Nov 2020 monthly Apr 1997 - Nov 2020
Tax Revenue: % of GDP (%) 6.9 Sep 2020 quarterly Jun 1997 - Sep 2020
National Government Debt (USD mn) 1,455,574.3 Sep 2020 quarterly Dec 1998 - Sep 2020
Government Debt: % of GDP (%) 52.7 Jun 2020 quarterly Mar 2012 - Jun 2020
Forecast: Government Expenditure (INR bn) 95,981.513 2025 yearly 1988 - 2025
Forecast: Government Net Debt (INR bn) 291,828.922 2025 yearly 1991 - 2025
Forecast: Government Revenue (INR bn) 65,839.094 2025 yearly 1988 - 2025
Govt Expenditure: CGA: Revenue Acc (INR mn) 1,505,250.000 Oct 2020 monthly Apr 1997 - Oct 2020
Govt Expenditure: CGA: Capital Acc (INR mn) 315,190.000 Oct 2020 monthly Apr 1997 - Oct 2020
CGA: Government Receipts: Gross Tax Revenue (INR mn) 1,504,640.000 Nov 2020 monthly Apr 2000 - Nov 2020
CGA: Government Receipts: Gross Tax Revenue: Union Excise Duties (INR mn) 357,030.000 Nov 2020 monthly Apr 2000 - Nov 2020
Central Government Debt (INR mn) 107,042,936.600 Sep 2020 quarterly Dec 1998 - Sep 2020
Central Government Debt: Public (INR mn) 97,467,695.100 Sep 2020 quarterly Dec 1998 - Sep 2020
Central Government Debt: Public: External (INR mn) 6,304,606.500 Sep 2020 quarterly Dec 1998 - Sep 2020
Central Government Debt: Public: Domestic (INR mn) 91,163,088.600 Sep 2020 quarterly Dec 1998 - Sep 2020

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