GDP relates to domestic savings per capita
Comparing GDP (constant 2015 US$) with Gross domestic savings (current US$), per capita across 180 countries, 2011–2025.
- Rank correlation
- +0.55
- Holding size constant
- +0.74
- Countries compared
- 180
- Period
- 2011–2025
What might link these
A country's GDP might influence its domestic savings per capita due to increased economic stability and higher incomes. However, a careful reader should be cautious about potential confounders like education level, which could affect both GDP and savings rates. The partial correlation controlling for population and GDP suggests a robust relationship, but education remains a likely confounder.
Why this is not proof of anything
This is a correlation across countries, not an experiment. It cannot show that either indicator causes the other, and both may simply follow a third thing. This correlation could mislead by implying a direct causal link between GDP and savings per capita, when in fact other factors like institutional stability or cultural attitudes towards savings might be driving the relationship.
The second figure above repeats the measurement with national population and income held constant. It is the more conservative number: a relationship that largely disappears there was mostly telling you that larger, richer countries have more of most things.
How this was measured
Both indicators were ranked across every country reporting each, and the two rankings compared — ranks rather than raw values, because a handful of very large countries can otherwise manufacture a relationship on their own. The calculation is arithmetic over figures already published on this site; the commentary above is drafted from the two indicator names and the resulting coefficients.