The gross savings of Thailand in 2024 amounted to 126 563 million USD, which is 3.12% less than in 2023, when it was 130 635 million USD. This is the first year of decline after a period of growth. Over the entire period of data from World Bank and OECD since 1975, this indicator has increased in 41.36 times. The lowest gross savings recorded in 1975, when it was 3 060 million USD. The maximum savings value of Thailand was in 2019, when it reached 172 445 million USD. Gross national savings is the total amount of income that a country’s residents save, rather than spend, during the year.
Additional infomation: About indicator
Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
