New Zealand - Gross savings (% of GDP)

Gross savings (% of GDP) in New Zealand was 21.06 as of 2019. Its highest value over the past 19 years was 21.79 in 2001, while its lowest value was 15.72 in 2008.

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
2000 19.77
2001 21.79
2002 20.85
2003 21.34
2004 20.03
2005 17.69
2006 17.01
2007 18.05
2008 15.72
2009 18.18
2010 17.53
2011 17.47
2012 17.45
2013 19.62
2014 19.62
2015 20.75
2016 20.56
2017 20.74
2018 20.36
2019 21.06

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