ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Macroeconomic Indicators (3 December 2005)

    World saving and investment rates constituted 22 per cent of world GDP in 2004. Advanced economies have savings rates far below the world average, except for Japan, with the lowest rates in US (13.4 per cent) and UK (14.8 per cent). These countries absorb about 6 per cent and 2 per cent of their GDP respectively, as capital imports. Among developing countries, Asia has the highest saving and investment rates of 38.3 per cent and 35.4 per cent respectively, suggesting its emergence as a major capital exporter.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top