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