Macao SAR, China - Gross savings (% of GDP)

Gross savings (% of GDP) in Macao SAR, China was 47.79 as of 2019. Its highest value over the past 17 years was 58.23 in 2007, while its lowest value was 41.42 in 2002.

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
2002 41.42
2003 44.25
2004 49.02
2005 49.19
2006 48.41
2007 58.23
2008 45.97
2009 46.05
2010 52.17
2011 54.15
2012 53.48
2013 53.40
2014 52.50
2015 48.66
2016 48.36
2017 50.32
2018 50.23
2019 47.79

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