The presented table delineates the rate at which people set aside their money in the form of percentages of GDP in seven nations over the period of 1990-2008.
From an overall perspective, it is readily apparent China and Singapore were the countries with highest GDP. In stark contrast, the USA represented the lowest percentages of savings.
Upon closer investigation in the Asian countries, Singapore had the highest savings in 1990 and 2000, representing 43.6% and 46.9%, which was then overtaken by that of China, with 53.2% in 2008. This is followed by the savings of South Korea, which dropped from apparently 37.7% to under 32% of the GDP over the given timeframe. Only in the data of India was a reverse pattern recorded, rising from precisely 23% in 1990 to almost 34% in the last year.
As illustrated in the table, it is conspicuous that the GDP in Germany for the year 2000 varied from 25.3% to above 20% before increasing substantially to 26% by 2008. While the index of Italy remained relatively unaltered over the first 10 years, its figure slightly went down to approximately 18% in the consecutive years. The USA had the lowest percentage of savings throughout the given period, ranging from 15.3% to only 12.1%