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

Adjusted savings: gross savings (% of GNI) in Brunei was 52.16 as of 2019. Its highest value over the past 18 years was 65.55 in 2011, while its lowest value was 42.51 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
2001 42.51
2002 45.70
2003 47.13
2004 46.89
2005 55.19
2006 58.59
2007 53.94
2008 62.39
2009 48.46
2010 60.59
2011 65.55
2012 64.45
2013 60.95
2014 59.77
2015 54.38
2016 52.56
2017 52.23
2018 52.88
2019 52.16

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