Israel - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Israel was 24.87 as of 2019. Its highest value over the past 49 years was 29.33 in 1972, while its lowest value was 16.51 in 1970.
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 |
---|---|
1970 | 16.51 |
1971 | 24.96 |
1972 | 29.33 |
1973 | 26.73 |
1974 | 18.96 |
1975 | 17.77 |
1976 | 22.85 |
1977 | 22.87 |
1978 | 21.06 |
1979 | 23.14 |
1980 | 21.30 |
1981 | 18.11 |
1982 | 17.42 |
1983 | 18.66 |
1984 | 19.72 |
1985 | 26.12 |
1986 | 25.24 |
1987 | 17.63 |
1988 | 18.59 |
1989 | 20.20 |
1990 | 21.91 |
1991 | 24.87 |
1992 | 25.51 |
1993 | 23.86 |
1994 | 22.52 |
1995 | 21.97 |
1996 | 22.36 |
1997 | 23.17 |
1998 | 23.48 |
1999 | 23.34 |
2000 | 23.08 |
2001 | 22.17 |
2002 | 20.81 |
2003 | 21.23 |
2004 | 22.34 |
2005 | 24.13 |
2006 | 25.25 |
2007 | 24.55 |
2008 | 21.97 |
2009 | 22.60 |
2010 | 22.83 |
2011 | 23.03 |
2012 | 22.42 |
2013 | 23.47 |
2014 | 25.00 |
2015 | 25.58 |
2016 | 25.06 |
2017 | 24.56 |
2018 | 24.41 |
2019 | 24.87 |
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