Georgia - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Georgia was 22.61 as of 2019. Its highest value over the past 22 years was 22.61 in 2019, while its lowest value was -2.87 in 1997.

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
1997 -2.87
1998 15.04
1999 19.43
2000 10.22
2001 18.49
2002 19.02
2003 16.31
2004 20.66
2005 18.88
2006 11.35
2007 10.97
2008 2.95
2009 0.66
2010 10.93
2011 10.30
2012 14.61
2013 15.72
2014 15.48
2015 14.81
2016 18.56
2017 20.24
2018 22.21
2019 22.61

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