Solomon Islands - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Solomon Islands was 14.95 as of 2006. Its highest value over the past 9 years was 16.30 in 2003, while its lowest value was -41.67 in 1997.
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 |
|---|---|
| 1997 | -41.67 |
| 1998 | -22.51 |
| 1999 | -6.81 |
| 2000 | -30.80 |
| 2001 | -31.67 |
| 2002 | -21.10 |
| 2003 | 16.30 |
| 2004 | 12.00 |
| 2005 | 5.84 |
| 2006 | 14.95 |
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
