Lao PDR - Gross savings (% of GDP)
Gross savings (% of GDP) in Lao PDR was 17.64 as of 2016. Its highest value over the past 32 years was 22.57 in 2006, while its lowest value was -0.61 in 1988.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1984 | 5.00 |
| 1985 | 3.41 |
| 1986 | 4.56 |
| 1987 | 4.74 |
| 1988 | -0.61 |
| 2000 | 8.53 |
| 2001 | 1.40 |
| 2002 | 18.37 |
| 2003 | 10.56 |
| 2004 | 14.72 |
| 2005 | 20.24 |
| 2006 | 22.57 |
| 2007 | 19.14 |
| 2008 | 14.03 |
| 2009 | 16.62 |
| 2010 | 9.67 |
| 2011 | 18.40 |
| 2012 | 6.87 |
| 2013 | 5.72 |
| 2014 | 10.17 |
| 2015 | 10.75 |
| 2016 | 17.64 |
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
