Greece - Gross savings (% of GDP)
Gross savings (% of GDP) in Greece was 7.31 as of 2020. Its highest value over the past 14 years was 15.36 in 2006, while its lowest value was 4.66 in 2011.
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 |
---|---|
2006 | 15.36 |
2007 | 12.74 |
2008 | 10.10 |
2009 | 5.93 |
2010 | 7.37 |
2011 | 4.66 |
2012 | 7.85 |
2013 | 10.48 |
2014 | 10.82 |
2015 | 10.68 |
2016 | 10.57 |
2017 | 9.67 |
2018 | 9.72 |
2019 | 10.29 |
2020 | 7.31 |
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