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