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Korea, Rep. Gross savings (current LCU)
What is Korea, Rep.'s gross savings (current lcu)? As of 2023, it's 803.5T current LCU, up from 566.5T current LCU in 2014.
| Label | Gross savings (current LCU) |
|---|---|
| 2014 | 566452708452000 current LCU |
| 2015 | 623795475597000 current LCU |
| 2016 | 665217302057750 current LCU |
| 2017 | 705038605628160 current LCU |
| 2018 | 710033488647760 current LCU |
| 2019 | 699803797054750 current LCU |
| 2020 | 736440347355400 current LCU |
| 2021 | 813317732614620 current LCU |
| 2022 | 797239108686623.2 current LCU |
| 2023 | 803533228326250 current LCU |
Data Source: World Bank and Wantstats Repository
Korea, Rep. Gross savings (current LCU): Key Points
- By 2023, Korea, Rep.'s gross savings came to 803533.23B current LCU, against 566452.71B current LCU in 2014 — around 42% up across the period.
- 2015-2017: climbs to 705038.61B current LCU (+24%).
- 2018-2019: holds around 699803.80B current LCU.
- 2020-2021: builds to 813317.73B current LCU (+16%).
- 2022-2023: barely budges, 803533.23B current LCU.
- By the last year on record, 2023, the figure sits at 803533.23B current LCU — 41.9% above 2014.
Reading A Choppy Series
Multiple direction changes over the period mean any two-point comparison — say, first year to last — is likely to be misleading on its own. The middle years matter just as much.
Worth remembering this isn't a live feed — it's Korea, Rep.'s periodically-updated official statistics, with the usual lag and modeling that comes with any indicator series like this.
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