Key information about China Gross Savings Rate

• China Gross Savings Rate was measured at 44.3% in Dec 2023, compared with 44.3% in the previous year.
• China Gross Savings Rate is updated yearly, with data available from Dec 1952 to Dec 2023, and an average rate of 44.3%.
• The data reached an all-time high of 44.3% in Dec 2010 and a record low of 16.5% in Dec 1962.
• CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, China GDP expanded 4.5% YoY in Mar 2023.
• China Nominal GDP reached 4,166,759.1 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 0.4% in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.

Household Saving Rate in China decreased to 36.10 percent in 2016 from 37.10 percent in 2015. This dataset provides - China Deposits Interest Rates - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, gross national savings in China reached around **** percent of the gross domestic product (GDP). Gross savings are calculated by subtracting the total consumption value from gross national income, plus net transfers.

China Household Savings Deposits Rate: Time: 1 Year data was reported at 1.500 % pa in 18 May 2025. This stayed constant from the previous number of 1.500 % pa for 17 May 2025. China Household Savings Deposits Rate: Time: 1 Year data is updated daily, averaging 1.500 % pa from Sep 1988 (Median) to 18 May 2025, with 13409 observations. The data reached an all-time high of 2.250 % pa in 27 Jun 2015 and a record low of 1.500 % pa in 18 May 2025. China Household Savings Deposits Rate: Time: 1 Year data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under High Frequency Database’s Deposit Rates – Table CN.MB: Saving Deposit Rate.

Gross savings (% of GNI) in China was reported at 43.98 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Gross savings (% of GNI) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

China Household Savings Deposits Rate: Time: 2 Year data was reported at 2.100 % pa in 18 May 2025. This stayed constant from the previous number of 2.100 % pa for 17 May 2025. China Household Savings Deposits Rate: Time: 2 Year data is updated daily, averaging 2.100 % pa from Sep 1988 (Median) to 18 May 2025, with 13409 observations. The data reached an all-time high of 2.850 % pa in 27 Jun 2015 and a record low of 2.100 % pa in 18 May 2025. China Household Savings Deposits Rate: Time: 2 Year data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under High Frequency Database’s Deposit Rates – Table CN.MB: Saving Deposit Rate.

In 2023, the deposit interest rate in China did not change in comparison to the previous year. The deposit interest rate remained at *** percent. Deposit rate refers to the amount of money paid out in interest in a bank or financial institution on cash deposits.Find more statistics on other topics about China with key insights such as total value of stocks traded.

The benchmark interest rate in China was last recorded at 3 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for China (IRSTCI01CNM156N) from Mar 1990 to Apr 2025 about interbank, overnight, China, interest rate, interest, and rate.

China Household Savings Deposits Rate: Demand data was reported at 0.350 % pa in 18 May 2025. This stayed constant from the previous number of 0.350 % pa for 17 May 2025. China Household Savings Deposits Rate: Demand data is updated daily, averaging 0.350 % pa from Sep 1988 (Median) to 18 May 2025, with 13409 observations. The data reached an all-time high of 0.350 % pa in 18 May 2025 and a record low of 0.350 % pa in 18 May 2025. China Household Savings Deposits Rate: Demand data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under High Frequency Database’s Deposit Rates – Table CN.MB: Saving Deposit Rate. [COVID-19-IMPACT]

Key information about Macau SAR (China) Gross Savings Rate

• Macau SAR (China) Gross Savings Rate was measured at 16.6% in Dec 2022, compared with 16.6% in the previous quarter.
• Macau SAR (China) Gross Savings Rate is updated quarterly, with data available from Mar 2001 to Dec 2022, and an average rate of 16.6%.
• The data reached an all-time high of 16.6% in Mar 2014 and a record low of 4.5% in Jun 2020.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is calculated as the sum of Private and Government Consumption Expenditure. Statistics and Census Service provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Macau SAR (China) GDP contracted 23.4% YoY in Dec 2022.
• Macau SAR (China) Nominal GDP reached 6,008.2 USD mn in Dec 2022. Its GDP deflator (implicit price deflator) increased 1.2% in Dec 2022.
• Macau SAR (China) GDP Per Capita reached 32,418.3 USD in Dec 2022.

Key information about Hong Kong SAR (China) Gross Savings Rate

• Hong Kong SAR (China) Gross Savings Rate was measured at 30.2% in Sep 2024, compared with 30.2% in the previous quarter.
• Hong Kong SAR (China) Gross Savings Rate is updated quarterly, with data available from Mar 1999 to Sep 2024, and an average rate of 30.2%.
• The data reached an all-time high of 30.2% in Sep 2006 and a record low of 19.0% in Jun 2023.
• CEIC calculates Gross National Savings Rate from quarterly Gross National Savings and quarterly Gross National Income. Gross National Savings is calculated as Gross National Income less Private and Government Consumption Expenditure plus Net Secondary Income. Census and Statistics Department provides Gross National Income, Private Consumption Expenditure, Government Consumption Expenditure and Secondary Income in local currency.
• In the latest reports, Hong Kong SAR (China) GDP expanded 2.8% YoY in Mar 2023.
• Hong Kong SAR (China) Nominal GDP reached 91,422.6 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 1.9% in Mar 2023.
• Hong Kong SAR (China) GDP Per Capita reached 48,990.8 USD in Dec 2022.

In April 2025, the weighted average interest rate of interbank lending in China was **** percent. Banks not only lend out money to individuals and to business but also to one another. It allows them to stock surplus liquidity or to cover a short-term lack of liquidity.

Graph and download economic data for Interest Rates, Discount Rate for China (INTDSRCNM193N) from Mar 1990 to Apr 2025 about China, interest rate, interest, and rate.

China Household Savings Deposits Rate: Time: 3 Month data was reported at 1.100 % pa in 18 May 2025. This stayed constant from the previous number of 1.100 % pa for 17 May 2025. China Household Savings Deposits Rate: Time: 3 Month data is updated daily, averaging 1.100 % pa from Feb 1989 (Median) to 18 May 2025, with 13256 observations. The data reached an all-time high of 1.850 % pa in 27 Jun 2015 and a record low of 1.100 % pa in 18 May 2025. China Household Savings Deposits Rate: Time: 3 Month data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under High Frequency Database’s Deposit Rates – Table CN.MB: Saving Deposit Rate.

China Household Savings Deposits Rate: Time: 3 Year data was reported at 2.750 % pa in 18 May 2025. This stayed constant from the previous number of 2.750 % pa for 17 May 2025. China Household Savings Deposits Rate: Time: 3 Year data is updated daily, averaging 2.750 % pa from Sep 1988 (Median) to 18 May 2025, with 13409 observations. The data reached an all-time high of 3.500 % pa in 27 Jun 2015 and a record low of 2.750 % pa in 18 May 2025. China Household Savings Deposits Rate: Time: 3 Year data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under High Frequency Database’s Deposit Rates – Table CN.MB: Saving Deposit Rate.

In 2022, the average deposit interest rate of state commercial banks in China was 1.77 percent which was slightly higher than the previous year. After a short period of low deposit interest rates from 2016 to 2018, the interest rates for bank deposits had increased by 2019.

Deposit Interest Rate in China remained unchanged at 0.35 percent in July. This dataset includes a chart with historical data for Deposit Interest Rate in China.

This dataset provides values for PERSONAL SAVINGS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

China: Real interest rate: Bank lending rate minus inflation: The latest value from 2023 is 4.96 percent, an increase from 2.48 percent in 2022. In comparison, the world average is 4.42 percent, based on data from 87 countries. Historically, the average for China from 1980 to 2023 is 2.09 percent. The minimum value, -7.99 percent, was reached in 1994 while the maximum of 7.36 percent was recorded in 1998.