Macao SAR, China - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Macao SAR, China was 58.28 as of 2018. Its highest value over the past 16 years was 65.25 in 2013, while its lowest value was 42.72 in 2002.

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
2002 42.72
2003 46.13
2004 52.67
2005 53.59
2006 55.23
2007 60.55
2008 53.85
2009 52.76
2010 59.89
2011 63.94
2012 64.24
2013 65.25
2014 63.82
2015 56.27
2016 55.22
2017 58.13
2018 58.28

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