Greece - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Greece was 10.19 as of 2019. Its highest value over the past 13 years was 15.65 in 2006, while its lowest value was 3.23 in 2011.
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 |
|---|---|
| 2006 | 15.65 |
| 2007 | 13.07 |
| 2008 | 10.42 |
| 2009 | 6.06 |
| 2010 | 4.73 |
| 2011 | 3.23 |
| 2012 | 7.25 |
| 2013 | 9.25 |
| 2014 | 9.24 |
| 2015 | 9.30 |
| 2016 | 8.80 |
| 2017 | 9.13 |
| 2018 | 9.19 |
| 2019 | 10.19 |
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
