Guinea - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Guinea was 4.33 as of 2019. Its highest value over the past 33 years was 24.18 in 1993, while its lowest value was -8.17 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 |
---|---|
1986 | 12.36 |
1987 | 12.97 |
1988 | 11.66 |
1989 | 16.01 |
1990 | 20.35 |
1991 | 20.68 |
1992 | 20.64 |
1993 | 24.18 |
1994 | 22.35 |
1995 | 21.13 |
1996 | 16.37 |
1997 | 18.40 |
1998 | 14.08 |
1999 | 15.80 |
2000 | 16.51 |
2001 | 15.61 |
2002 | 12.64 |
2003 | 20.66 |
2004 | 13.64 |
2005 | 10.35 |
2006 | 1.38 |
2007 | -3.72 |
2008 | 4.33 |
2009 | -5.62 |
2010 | 6.66 |
2011 | 3.46 |
2012 | 5.85 |
2013 | -8.17 |
2014 | -3.73 |
2015 | -7.51 |
2016 | -1.24 |
2017 | 11.48 |
2018 | 2.77 |
2019 | 4.33 |
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