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

Adjusted savings: gross savings (% of GNI) in Spain was 22.87 as of 2019. Its highest value over the past 44 years was 25.28 in 1975, while its lowest value was 18.17 in 2011.

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 25.28
1976 22.76
1977 23.22
1978 23.84
1979 22.81
1980 20.75
1981 18.83
1982 18.92
1983 18.79
1984 20.50
1985 21.16
1986 22.07
1987 21.96
1988 23.16
1989 22.54
1990 22.05
1991 21.43
1992 19.58
1993 19.34
1994 19.11
1995 21.49
1996 21.30
1997 22.33
1998 22.99
1999 22.49
2000 22.49
2001 22.39
2002 23.22
2003 23.82
2004 23.02
2005 22.43
2006 22.12
2007 21.54
2008 20.11
2009 19.59
2010 18.92
2011 18.17
2012 18.67
2013 19.39
2014 19.66
2015 21.02
2016 21.88
2017 22.18
2018 22.36
2019 22.87

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