Madagascar - Gross savings (% of GDP)

Gross savings (% of GDP) in Madagascar was 8.72 as of 2020. Its highest value over the past 46 years was 40.08 in 1989, while its lowest value was 1.15 in 1979.

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
1974 5.51
1975 5.16
1976 7.61
1977 6.68
1978 4.94
1979 1.15
1980 37.71
1981 29.48
1982 21.39
1983 21.90
1984 23.31
1985 15.31
1986 18.55
1987 22.48
1988 14.77
1989 40.08
1990 31.19
1991 25.81
1992 32.80
1993 33.53
1994 27.69
1995 4.48
1996 8.65
1997 6.86
1998 6.98
1999 8.09
2000 7.72
2001 14.15
2002 5.79
2003 10.18
2004 16.30
2005 10.39
2006 14.97
2007 19.10
2008 23.83
2009 17.94
2010 16.85
2011 16.01
2012 13.34
2013 8.76
2014 14.52
2015 12.92
2016 16.02
2017 15.08
2018 18.75
2019 16.01
2020 8.72

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