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

Adjusted savings: gross savings (% of GNI) in Benin was 21.94 as of 2019. Its highest value over the past 45 years was 21.94 in 2019, while its lowest value was -3.26 in 1981.

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
1974 11.06
1975 10.17
1976 11.22
1977 13.62
1978 10.50
1979 12.63
1980 4.18
1981 -3.26
1982 13.28
1983 8.29
1984 7.73
1985 2.69
1986 4.22
1987 4.44
1988 0.78
1989 4.63
1990 9.88
1991 10.93
1992 9.93
1993 9.86
1994 14.83
1995 16.23
1996 15.55
1997 16.40
1998 15.89
1999 12.50
2000 12.74
2001 13.34
2002 13.72
2003 11.45
2004 13.34
2005 12.22
2006 12.52
2007 14.13
2008 12.67
2009 11.50
2010 11.45
2011 12.14
2012 13.61
2013 16.37
2014 18.69
2015 13.98
2016 17.55
2017 17.59
2018 19.92
2019 21.94

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