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
