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