Adjusted savings: gross savings (% of GNI) - Country Ranking - Oceania
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: Thematic map, Time series comparison
| Rank | Country | Value | Year |
|---|---|---|---|
| 1 | Kiribati | 34.68 | 2018 |
| 2 | Papua New Guinea | 33.57 | 2004 |
| 3 | Vanuatu | 31.59 | 2014 |
| 4 | Australia | 23.20 | 2019 |
| 5 | New Zealand | 21.98 | 2018 |
| 6 | Fiji | 20.31 | 2018 |
| 7 | Tonga | 15.74 | 2012 |
| 8 | Solomon Islands | 14.95 | 2006 |
| 9 | Palau | 11.57 | 2017 |
More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |
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
