Gross savings in United States

United States: Gross savings was 4.86 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
4.86 trillion current LCU
Change on year
up 2.1%
World rank
37th
of 177 countries
All-time high
4.86 trillion current LCU
in 2024
All-time low
231.40 billion current LCU
in 1970
Years of data
55
1970–2024

Gross savings in United States, 1970–2024

01.0T2.0T3.0T4.0T5.0T197019972024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

In 2024, gross savings in United States stood at 4.86 trillion current LCU. That is the highest value across all 55 years on record.

That represents a change of up 2.1% on the previous year and up 40.6% over ten years.

Over the whole period, gross savings in United States peaked at 4.86 trillion current LCU in 2024 and was at its lowest, 231.40 billion current LCU, in 1970.

That places United States 37th out of 177 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 383.97 billion current LCU 231.40 billion current LCU 618.00 billion current LCU 10
1980s 861.58 billion current LCU 634.40 billion current LCU 1.11 trillion current LCU 10
1990s 1.47 trillion current LCU 1.12 trillion current LCU 2.02 trillion current LCU 10
2000s 2.22 trillion current LCU 2.00 trillion current LCU 2.65 trillion current LCU 10
2010s 3.34 trillion current LCU 2.32 trillion current LCU 4.19 trillion current LCU 10
2020s 4.51 trillion current LCU 3.93 trillion current LCU 4.86 trillion current LCU 5

Countries ranked near United States

  1. 34 Costa Rica 7.04 trillion current LCU compare
  2. 35 Mexico 6.44 trillion current LCU compare
  3. 36 Cameroon 5.02 trillion current LCU compare
  4. 38 Thailand 4.54 trillion current LCU compare
  5. 39 Rwanda 4.54 trillion current LCU compare
  6. 40 Senegal 4.27 trillion current LCU compare

See the full ranking of 177 places →

More economy & growth data for United States

All data for United States →

Frequently asked questions

What is gross savings in United States?
Gross savings in United States was 4.86 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross savings recorded in United States?
The highest recorded value was 4.86 trillion current LCU in 2024.
What is the lowest gross savings recorded in United States?
The lowest recorded value was 231.40 billion current LCU in 1970.
How does United States rank for gross savings?
United States ranks 37th out of 177 countries with data for 2024.
Is gross savings rising or falling in United States?
Over the last ten years it is up 40.6%. The long-run trend across the full record is volatile.
Where does this United States data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.