European Union - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in European Union was 25.23 as of 2019. Its highest value over the past 44 years was 25.23 in 2019, while its lowest value was 20.44 in 1982.

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
1975 23.39
1976 23.42
1977 23.03
1978 23.38
1979 23.20
1980 22.35
1981 20.77
1982 20.44
1983 20.77
1984 21.42
1985 21.49
1986 22.35
1987 22.02
1988 22.96
1989 23.31
1990 23.45
1991 22.63
1992 21.91
1993 21.47
1994 21.85
1995 22.88
1996 22.57
1997 23.05
1998 23.37
1999 23.19
2000 23.14
2001 23.08
2002 22.91
2003 22.47
2004 23.15
2005 23.08
2006 23.82
2007 24.44
2008 23.41
2009 21.12
2010 21.63
2011 22.46
2012 22.22
2013 22.49
2014 23.08
2015 23.96
2016 24.27
2017 24.78
2018 24.99
2019 25.23

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