Montenegro - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Montenegro was 16.85 as of 2019. Its highest value over the past 12 years was 16.85 in 2019, while its lowest value was -8.16 in 2008.
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 |
|---|---|
| 2007 | -4.55 |
| 2008 | -8.16 |
| 2009 | -0.77 |
| 2010 | 1.18 |
| 2011 | 4.24 |
| 2012 | 5.05 |
| 2013 | 8.06 |
| 2014 | 7.71 |
| 2015 | 8.92 |
| 2016 | 9.78 |
| 2017 | 13.88 |
| 2018 | 14.73 |
| 2019 | 16.85 |
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
