Gross domestic savings as a share of GDP rose 2.98% to 0.641 in Ireland in 2021, according to the National Statistical Office.
Historically, gross domestic savings as a share of GDP in Ireland reached an all time high of 0.641 in 2021 and an all time low of 0.111 in 1981. When compared to Ireland's main peers, gross domestic savings as a share of GDP in Canada amounted to 0.238, 0.231 in France, 0.211 in Iceland and 0.172 in United Kingdom in 2021.
Ireland has been ranked 1st within the group of 152 countries we follow in terms of gross domestic savings as a share of GDP, 32 places above the position seen 10 years ago.
Gross Domestic Savings (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Australia | 0.248 | 0.231 | 0.246 | 0.249 | 0.258 | |||||||||||||||||
Belgium | 0.250 | 0.254 | 0.255 | 0.251 | 0.256 | |||||||||||||||||
Canada | 0.213 | 0.205 | 0.213 | 0.215 | 0.214 | |||||||||||||||||
Denmark | 0.274 | 0.285 | 0.292 | 0.287 | 0.289 | |||||||||||||||||
France | 0.221 | 0.220 | 0.224 | 0.228 | 0.234 | |||||||||||||||||
Germany | 0.273 | 0.273 | 0.281 | 0.280 | 0.278 | |||||||||||||||||
Iceland | 0.269 | 0.277 | 0.262 | 0.256 | 0.256 | |||||||||||||||||
Ireland | 0.545 | 0.535 | 0.559 | 0.574 | 0.587 | |||||||||||||||||
Italy | 0.201 | 0.208 | 0.209 | 0.209 | 0.216 | |||||||||||||||||
Mexico | 0.223 | 0.225 | 0.232 | 0.237 | 0.237 | |||||||||||||||||
Norway | 0.332 | 0.301 | 0.313 | 0.338 | 0.313 | |||||||||||||||||
Spain | 0.220 | 0.227 | 0.230 | 0.232 | 0.238 | |||||||||||||||||
Sweden | 0.282 | 0.278 | 0.283 | 0.282 | 0.293 | |||||||||||||||||
USA | 0.183 | 0.179 | 0.181 | 0.183 | 0.186 | |||||||||||||||||
United Kingdom | 0.161 | 0.160 | 0.169 | 0.166 | 0.167 |