Armenia - Gross savings (% of GDP)
Gross savings (% of GDP) in Armenia was 14.72 as of 2020. Its highest value over the past 27 years was 28.60 in 2007, while its lowest value was -5.44 in 1993.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
Year | Value |
---|---|
1993 | -5.44 |
1994 | 2.57 |
1995 | -2.13 |
1996 | 1.79 |
1997 | 3.91 |
1998 | 0.76 |
1999 | 2.83 |
2000 | -0.93 |
2001 | 5.41 |
2002 | 10.25 |
2003 | 16.34 |
2004 | 19.71 |
2005 | 24.31 |
2006 | 28.54 |
2007 | 28.60 |
2008 | 27.90 |
2009 | 14.05 |
2010 | 13.20 |
2011 | 11.10 |
2012 | 14.10 |
2013 | 14.84 |
2014 | 13.28 |
2015 | 18.43 |
2016 | 17.81 |
2017 | 16.90 |
2018 | 15.33 |
2019 | 9.82 |
2020 | 14.72 |
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts