GDP per capita linked to domestic savings
Comparing Gross domestic savings (current US$) with GDP per capita in international and market dollars across 179 countries, 2011–2025.
- Rank correlation
- +0.57
- Holding size constant
- +0.75
- Countries compared
- 179
- Period
- 2011–2025
What might link these
A country's GDP per capita might be related to its gross domestic savings due to increased financial stability and investment opportunities. However, a careful reader should be cautious about potential confounders like education level, which could influence both indicators. The correlation controlling for population and GDP suggests a more nuanced relationship.
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 per capita and domestic savings, when in fact other factors like government policies or cultural attitudes towards savings may 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.