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

Adjusted savings: gross savings (% of GNI) in Guyana was 17.90 as of 2005. Its highest value over the past 28 years was 26.10 in 1996, while its lowest value was -13.70 in 1983.

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
1977 7.09
1978 14.90
1979 16.80
1980 14.30
1981 -3.30
1982 -7.73
1983 -13.70
1984 4.77
1985 6.74
1992 18.40
1993 21.70
1994 12.20
1995 21.50
1996 26.10
1997 19.50
1998 16.50
1999 14.10
2000 10.20
2001 7.24
2002 7.22
2003 11.90
2004 20.10
2005 17.90

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