Ethiopia - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Ethiopia was 33.31 as of 2018. Its highest value over the past 7 years was 33.31 in 2018, while its lowest value was 28.40 in 2013.
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 |
|---|---|
| 2011 | 32.63 |
| 2012 | 30.98 |
| 2013 | 28.40 |
| 2014 | 31.54 |
| 2015 | 29.64 |
| 2016 | 31.05 |
| 2017 | 30.77 |
| 2018 | 33.31 |
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
