Luxembourg - Gross savings (% of GDP)

Gross savings (% of GDP) in Luxembourg was 21.33 as of 2020. Its highest value over the past 21 years was 36.85 in 2007, while its lowest value was 11.80 in 2009.

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
1999 33.25
2000 31.74
2001 30.46
2002 27.39
2003 23.89
2004 33.15
2005 36.08
2006 28.90
2007 36.85
2008 29.88
2009 11.80
2010 17.94
2011 18.60
2012 25.45
2013 22.39
2014 24.13
2015 17.81
2016 19.57
2017 21.68
2018 20.01
2019 15.92
2020 21.33

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