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