Russia’s Gross Savings Rate, 2023–2024

Gross national saving as a share of GDP; %, 2023 and 2024.

What the Data Shows

Russia’s gross savings rate is compared between 2023 and 2024. Each value measures gross national saving as a share of GDP. The rate rises from 30.3% to 30.8%. The increase is 0.6 percentage points across the two annual observations.

Data table

Unit: percent of GDP · Period: 2023–2024

RankEntryValuePeriod
1202330.3%2023
2202430.8%2024

Sources

Source 1: Gross savings (% of GDP)

Publisher: World Bank WDI

Dataset/table: World Development Indicators

Units: percent of GDP

Date checked: 2026-07-18

Evidence: Supports Russia’s 2023 and 2024 gross-savings-rate observations.

Data notes & caveats

Gross savings is a broad national-accounts measure and should not be interpreted as household saving alone. Each percentage uses GDP as the denominator.

Methodology

The same WDI gross-savings-to-GDP indicator is compared across 2023 and 2024; the later percentage minus the earlier percentage gives the change.

Source consistency notes

Both values use one WDI indicator, annual frequency and percent-of-GDP basis.

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