The table chart illustrates how fast people accumulated funds in terms of percentage of GDP across the globe between 1990 and 2008.
Overall, the rate in countries such as China, Germany, India, and Singapore witnessed an increase, albeit to varying degrees, while the opposite was true for the US, South Korea, and Italy. Noticeably, despite having one of the highest figures, Singapore accounted for the least change.
In the period between 1990 and 2000, all countries experienced either a decline or increase not exceeding 5-6% of GDP. China, India, Singapore, and the United States experienced a growth from 35.6, 23.0, 43.6, and 16.3 to 37.3, 23.8, 46.9, and 17.7, respectively. On the other hand, they were Germany, Italy, and South Korea where the speed of saved money declined from 25.3, 20.8, and 37.7 to 20.2, 20.6, and 33.6, respectively.
By the final year, India and especially China, with the highest figure in the table, were the countries that exhibited the most pronounced growth, with 33.6 and 48.3, respectively, while the US and Italy were the ones with the opposite trend, which made up 12.1 and 18.2, respectively. Regarding areas accounting for the least noticeable changes, Germany and Singapore reported a change of 6.4 and 1.4 percent, and South Korea from 17.7 to 12.1.
