BEST IELTS Academic Writing Task 1, 1st May

BEST IELTS Academic Writing Task 1, 1st May

IELTS Academic Writing Task 1
BEST IELTS Academic Writing Task 1, 1st May

The table illustrates the savings rate as a percentage of GDP in seven countries—China, Germany, India, Italy, Singapore, South Korea, and the United States—over the years 1990, 2000, and 2008.

Overall, China and Singapore consistently had the highest savings rates across all three years, while the United States recorded the lowest figures. Most countries saw either growth or fluctuations in their savings as a share of GDP, with the exception of Italy and South Korea, which experienced a decline.

China’s savings rose significantly from 35.6% in 1990 to 53.2% in 2008, marking the highest figure in the table. Similarly, Singapore maintained high savings rates, increasing steadily to 48.3% by 2008. In contrast, the US savings rate fell from 15.3% in 1990 to just 12.1% in 2008. Italy also showed a downward trend, declining to 18.2%. Meanwhile, India and Germany exhibited moderate growth, with their rates increasing by around 10 percentage points over the period.

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BEST IELTS Academic Writing Task 1, 1st May

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