Kiribati - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Kiribati was 34.68 as of 2018. Its highest value over the past 39 years was 62.86 in 1991, while its lowest value was 1.76 in 2009.
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 |
---|---|
1979 | 44.17 |
1980 | 29.10 |
1981 | 25.05 |
1982 | 50.29 |
1983 | 61.95 |
1984 | 53.51 |
1985 | 31.74 |
1986 | 32.17 |
1987 | 42.48 |
1988 | 46.32 |
1989 | 40.60 |
1990 | 44.44 |
1991 | 62.86 |
1992 | 59.27 |
2008 | 5.11 |
2009 | 1.76 |
2010 | 9.96 |
2011 | 6.71 |
2012 | 17.43 |
2013 | 16.98 |
2014 | 33.00 |
2015 | 37.01 |
2016 | 26.17 |
2017 | 35.74 |
2018 | 34.68 |
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