Nicaragua - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Nicaragua was 23.46 as of 2019. Its highest value over the past 25 years was 24.43 in 2015, while its lowest value was -5.31 in 1994.
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 |
---|---|
1994 | -5.31 |
1995 | 3.61 |
1996 | 5.35 |
1997 | 8.02 |
1998 | 12.34 |
1999 | 14.24 |
2000 | 10.79 |
2001 | 10.19 |
2002 | 8.96 |
2003 | 10.06 |
2004 | 13.42 |
2005 | 14.56 |
2006 | 15.62 |
2007 | 15.58 |
2008 | 16.97 |
2009 | 15.09 |
2010 | 16.33 |
2011 | 19.56 |
2012 | 20.05 |
2013 | 18.87 |
2014 | 21.44 |
2015 | 24.43 |
2016 | 23.64 |
2017 | 23.64 |
2018 | 23.04 |
2019 | 23.46 |
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