Angola - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Angola was 25.50 as of 2019. Its highest value over the past 19 years was 49.30 in 2006, while its lowest value was 17.50 in 2001.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
2000 48.10
2001 17.50
2002 32.30
2003 28.90
2004 37.50
2005 46.20
2006 49.30
2007 47.00
2008 45.70
2009 30.60
2010 40.90
2011 41.50
2012 40.50
2013 34.50
2014 31.90
2015 26.40
2016 25.80
2017 24.90
2018 27.30
2019 25.50

Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.

Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts