Adjusted savings: net national savings in South Korea
South Korea: Adjusted savings: net national savings was 284.55 billion current US$ in 2021. ◆ Volatile
Adjusted savings: net national savings in South Korea, 1976–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: net national savings in South Korea is 284.55 billion current US$, measured in 2021.
That represents a change of up 10.7% on the previous year and up 41.0% over ten years.
Over the whole period, adjusted savings: net national savings in South Korea peaked at 300.59 billion current US$ in 2017 and was at its lowest, 5.36 billion current US$, in 1976.
South Korea ranks 5th of 176 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.20 billion current US$ | 5.36 billion current US$ | 15.03 billion current US$ | 4 |
| 1980s | 28.84 billion current US$ | 10.14 billion current US$ | 66.19 billion current US$ | 10 |
| 1990s | 100.44 billion current US$ | 74.52 billion current US$ | 131.68 billion current US$ | 10 |
| 2000s | 134.34 billion current US$ | 80.22 billion current US$ | 195.29 billion current US$ | 10 |
| 2010s | 242.65 billion current US$ | 194.08 billion current US$ | 300.59 billion current US$ | 10 |
| 2020s | 270.78 billion current US$ | 257.01 billion current US$ | 284.55 billion current US$ | 2 |
Countries ranked near South Korea
More economy & growth data for South Korea
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
- Taxes less subsidies on products 130.66 billion current US$ (2025)
- Net primary income (Net income from abroad) 45.76 trillion current LCU (2025)
- Net primary income (Net income from abroad) 32.17 billion current US$ (2025)
- GNI per capita 52.42 million current LCU (2025)
- GNI per capita, Atlas method 37,880 current US$ (2025)
- GNI 2,709.10 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: net national savings in South Korea?
- Adjusted savings: net national savings in South Korea was 284.55 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in South Korea?
- The highest recorded value was 300.59 billion current US$ in 2017.
- What is the lowest adjusted savings: net national savings recorded in South Korea?
- The lowest recorded value was 5.36 billion current US$ in 1976.
- How does South Korea rank for adjusted savings: net national savings?
- South Korea ranks 5th out of 176 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in South Korea?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.