How gross saving changed as a share of Southern African GDP

Zambia’s ratio retreated from its 2021 reading

The ratio rose from 31.43% in 2010 to 46.10% in 2021 before falling to 32.16% in 2024. Botswana’s latest ratio was close to its 32.04% reading in 2010. Source 1

Mozambique’s ratio was lower in the latest years

Mozambique was at 19.70% in 2019, 8.41% in 2022 and 1.71% in 2024. Namibia was at 18.57% in 2010 and 9.45% in 2024. The table shows their intervening observations. Source 1

The ratio uses the whole economy

National saving covers more than household deposits. It reflects income, consumption and transfers across the economy. To understand how much households saved, use institutional sector accounts for households. Source 2

Nominal GDP is the comparison base

A ratio can change because national saving changes, because GDP changes, or both. The indicator says how large saving is relative to the economy. It does not identify the financing source of a specific domestic project. Source 2

Sources

• National statistical offices and central banks via World Bank WDI
• Publisher metadata and indicator definition
• World Bank API, country and year records