India's gross domestic savings rate FY 2008-2021

Published by Statista Research Department, May 14, 2024
The gross savings rate for India was recorded at just over 30 percent as of March 2023. This was a drop from over 31 percent in the previous year. The coronavirus (COVID-19) pandemic caused contractions in gross savings rate.

Gross domestic savings rate in India from financial year 2008 to 2021

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Release date

May 2024

Region

India

Survey time period

2008 to 2023

Special properties

end of March of every year.

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of January 2024).

Values have been rounded for clarity.

Previous reports have been accessed for historical data.

Date of access is mentioned as the date of release.

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