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

Adjusted savings: gross savings (% of GNI) in Belarus was 28.60 as of 2019. Its highest value over the past 26 years was 32.31 in 2011, while its lowest value was 19.78 in 1994.

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
1993 25.60
1994 19.78
1995 20.52
1996 19.89
1997 22.71
1998 22.44
1999 22.44
2000 24.49
2001 21.76
2002 20.56
2003 22.80
2004 26.98
2005 27.66
2006 29.68
2007 29.46
2008 31.25
2009 27.07
2010 27.47
2011 32.31
2012 31.92
2013 29.40
2014 28.23
2015 30.05
2016 27.77
2017 29.08
2018 30.28
2019 28.60

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