Serbia - Gross savings (% of GDP)

Gross savings (% of GDP) in Serbia was 20.61 as of 2020. Its highest value over the past 13 years was 20.61 in 2020, while its lowest value was 8.98 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
2007 10.00
2008 8.98
2009 14.73
2010 13.91
2011 10.30
2012 10.96
2013 13.95
2014 13.14
2015 16.34
2016 16.35
2017 15.55
2018 18.70
2019 18.30
2020 20.61

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