Madagascar - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Madagascar was 17.91 as of 2019. Its highest value over the past 45 years was 42.62 in 1989, while its lowest value was 1.15 in 1979.

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
1974 5.55
1975 5.19
1976 7.65
1977 6.68
1978 4.94
1979 1.15
1980 38.03
1981 30.04
1982 21.82
1983 22.47
1984 24.21
1985 15.85
1986 19.24
1987 23.77
1988 15.65
1989 42.62
1990 32.52
1991 27.16
1992 34.16
1993 34.82
1994 28.97
1995 4.68
1996 8.95
1997 7.07
1998 7.18
1999 8.30
2000 7.89
2001 14.42
2002 5.89
2003 10.35
2004 16.53
2005 10.62
2006 15.32
2007 19.28
2008 24.02
2009 18.15
2010 17.11
2011 16.23
2012 13.72
2013 9.03
2014 14.87
2015 13.37
2016 16.60
2017 15.50
2018 18.79
2019 17.91

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