Colombia - Gross savings (% of GDP)

Gross savings (% of GDP) in Colombia was 13.67 as of 2020. Its highest value over the past 52 years was 22.97 in 1991, while its lowest value was 12.83 in 2001.

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
1968 16.89
1969 15.95
1970 17.05
1971 13.56
1972 16.71
1973 18.82
1974 19.28
1975 16.71
1976 18.72
1977 21.02
1978 19.96
1979 19.25
1980 19.45
1981 16.39
1982 14.16
1983 14.40
1984 15.05
1985 16.84
1986 22.09
1987 21.31
1988 22.43
1989 20.62
1990 20.88
1991 22.97
1992 19.08
1993 17.90
1994 19.10
1995 18.51
1996 15.11
1997 13.50
1998 12.87
1999 13.54
2000 13.57
2001 12.83
2002 13.92
2003 15.40
2004 16.83
2005 18.47
2006 19.04
2007 18.69
2008 19.57
2009 18.57
2010 18.27
2011 19.31
2012 18.39
2013 18.14
2014 18.05
2015 17.28
2016 17.51
2017 16.99
2018 16.27
2019 16.15
2020 13.67

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