Colombia - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Colombia was 16.24 as of 2019. Its highest value over the past 49 years was 23.99 in 1991, while its lowest value was 13.10 in 1998.
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 |
---|---|
1970 | 17.46 |
1971 | 13.87 |
1972 | 17.09 |
1973 | 19.21 |
1974 | 19.57 |
1975 | 17.13 |
1976 | 19.17 |
1977 | 21.37 |
1978 | 20.26 |
1979 | 19.45 |
1980 | 19.59 |
1981 | 16.61 |
1982 | 14.52 |
1983 | 14.87 |
1984 | 15.70 |
1985 | 17.69 |
1986 | 23.25 |
1987 | 22.55 |
1988 | 23.47 |
1989 | 21.89 |
1990 | 21.94 |
1991 | 23.99 |
1992 | 19.85 |
1993 | 18.45 |
1994 | 19.46 |
1995 | 18.83 |
1996 | 15.44 |
1997 | 13.80 |
1998 | 13.10 |
1999 | 13.76 |
2000 | 13.87 |
2001 | 13.16 |
2002 | 14.31 |
2003 | 15.94 |
2004 | 17.43 |
2005 | 18.94 |
2006 | 19.56 |
2007 | 19.27 |
2008 | 20.27 |
2009 | 19.16 |
2010 | 18.97 |
2011 | 20.17 |
2012 | 19.11 |
2013 | 18.80 |
2014 | 18.58 |
2015 | 17.40 |
2016 | 17.59 |
2017 | 17.21 |
2018 | 16.74 |
2019 | 16.24 |
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