Seychelles - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Seychelles was 12.86 as of 2019. Its highest value over the past 43 years was 49.33 in 1978, while its lowest value was 8.11 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
1976 30.53
1977 46.44
1978 49.33
1979 28.12
1980 33.59
1981 22.99
1982 10.92
1983 18.02
1984 30.69
1985 33.53
1986 32.64
1987 35.96
1988 36.42
1989 29.58
1990 22.49
1991 20.83
1992 19.87
1993 19.90
1994 25.19
1995 21.44
1996 29.55
1997 20.61
1998 17.55
1999 24.19
2000 19.47
2001 18.47
2002 20.62
2003 18.93
2006 22.37
2007 19.54
2008 8.11
2009 13.38
2010 18.54
2011 10.09
2012 12.54
2013 24.79
2014 19.54
2015 18.93
2016 15.30
2017 14.45
2018 13.79
2019 12.86

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