Ecuador - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Ecuador was 25.44 as of 2019. Its highest value over the past 43 years was 30.26 in 2008, while its lowest value was 12.72 in 1987.
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 |
---|---|
1976 | 18.16 |
1977 | 21.58 |
1978 | 21.34 |
1979 | 20.46 |
1980 | 22.14 |
1981 | 22.56 |
1982 | 14.47 |
1983 | 16.73 |
1984 | 15.05 |
1985 | 18.00 |
1986 | 16.31 |
1987 | 12.72 |
1988 | 14.08 |
1989 | 14.88 |
1990 | 19.30 |
1991 | 19.55 |
1992 | 22.76 |
1993 | 15.49 |
1994 | 16.01 |
1995 | 15.08 |
1996 | 17.47 |
1997 | 17.56 |
1998 | 15.59 |
1999 | 23.65 |
2000 | 28.68 |
2001 | 20.76 |
2002 | 19.57 |
2003 | 19.29 |
2004 | 20.18 |
2005 | 23.85 |
2006 | 27.21 |
2007 | 27.87 |
2008 | 30.26 |
2009 | 26.90 |
2010 | 25.99 |
2011 | 28.19 |
2012 | 28.15 |
2013 | 27.60 |
2014 | 27.69 |
2015 | 24.81 |
2016 | 26.47 |
2017 | 26.41 |
2018 | 25.89 |
2019 | 25.44 |
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