Syrian Arab Republic - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Syrian Arab Republic was 29.44 as of 2007. Its highest value over the past 30 years was 31.78 in 1977, while its lowest value was 9.30 in 1991.

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
1977 31.78
1978 23.95
1979 29.78
1980 25.96
1981 21.90
1982 24.46
1983 21.08
1984 22.70
1985 22.10
1986 20.31
1987 12.76
1988 10.74
1989 11.19
1990 15.21
1991 9.30
1992 11.80
1993 14.78
1994 24.72
1995 26.91
1996 21.75
1997 19.00
1998 22.70
1999 19.07
2000 23.24
2001 26.35
2002 27.29
2003 26.69
2004 20.77
2005 20.54
2006 22.22
2007 29.44

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