South Korea

National Savings

590.8

billion USD

Global Ranking

1

China6250.76

2

United States4047.41

3

Japan1510.9

4

Germany1081.58

5

India817.57

6

South Korea590.8

7

France564.81

8

Italy403.03

9

10

United Kingdom387.08

11

Indonesia345.81

Asia Ranking

1

China6250.76

2

Japan1510.9

3

India817.57

4

South Korea590.8

5

6

Indonesia345.81

7

8

Singapore138.89

9

Philippines117.26

News

Korea's household savings plummet to decade low
Korea JoongAng DailySaturday, August 24, 2024
Korea's birth rate drive struggles to sway 'YOLO' generation
ReutersMonday, August 26, 2024
Korean investors abandon savings, stocks for cryptocurrencies
KED GlobalMonday, February 10, 2025
S. Korea doubles deposit cap, opening door to $173 bn in shifting funds
조선일보Friday, May 16, 2025
Analyzing the Economic Risks of South Korea's Population Decline
مركز المستقبلSunday, January 5, 2025
Sharp rise seen in household credit, driven by savings banks, credit unions
The Korea HeraldSunday, November 3, 2024
South Korea's 'YOLO' Generation Isn't Helping Falling Birthrate
NewsweekWednesday, August 28, 2024
Interest rates on one-year fixed-term deposits at savings banks have entered the 2% range for the fi..
매일경제Sunday, March 30, 2025
Buying home in Seoul requires 13 years of careful savings
AzerNewsSaturday, December 28, 2024
South Korean Banks Respond to Base Rate Cut with Lower Deposit Rates
BusinesskoreaFriday, November 1, 2024

Definition of National Savings

Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

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