Eritrea - Gross savings (% of GDP)
Gross savings (% of GDP) in Eritrea was 15.82 as of 2000. Its highest value over the past 8 years was 68.48 in 1992, while its lowest value was 6.29 in 1998.
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 |
|---|---|
| 1992 | 68.48 |
| 1993 | 41.27 |
| 1994 | 54.39 |
| 1995 | 19.11 |
| 1996 | 18.91 |
| 1997 | 35.10 |
| 1998 | 6.29 |
| 1999 | 17.32 |
| 2000 | 15.82 |
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
