South Asia - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in South Asia was 28.69 as of 2019. Its highest value over the past 44 years was 34.72 in 2007, while its lowest value was 12.95 in 1975.

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
1975 12.95
1976 14.12
1977 14.87
1978 14.42
1979 14.99
1980 14.45
1981 16.62
1982 16.89
1983 16.47
1984 16.25
1985 17.17
1986 16.86
1987 17.95
1988 18.59
1989 20.22
1990 21.24
1991 22.00
1992 23.17
1993 22.94
1994 24.97
1995 25.38
1996 25.33
1997 25.96
1998 24.99
1999 24.82
2000 25.42
2001 25.79
2002 27.48
2003 29.32
2004 31.79
2005 32.52
2006 33.95
2007 34.72
2008 33.31
2009 33.54
2010 34.68
2011 33.33
2012 33.70
2013 32.85
2014 32.27
2015 31.26
2016 30.16
2017 30.34
2018 29.77
2019 28.69

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