Gross savings in India have declined sharply since 2010-11
Gross savings rate (as % of GDP)
24
25
26
27
28
29
30
31
32
33
34
35
36
37
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
Boom period
(Avg GDP growth 7.9%)
Global financial crisis
Slowdown period
(Avg GDP growth 5.7%)
Gross savings rate (2004-05 series)
Gross savings rate (2011-12 series)
Gross savings rate (2011-12 Back-series)