Togo - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Togo was 21.59 as of 2018. Its highest value over the past 44 years was 60.33 in 1974, while its lowest value was 2.82 in 1993.
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 |
---|---|
1974 | 60.33 |
1975 | 23.44 |
1976 | 31.24 |
1977 | 27.53 |
1978 | 44.50 |
1979 | 30.18 |
1980 | 28.22 |
1981 | 20.72 |
1982 | 16.95 |
1983 | 23.51 |
1984 | 18.74 |
1985 | 13.88 |
1986 | 14.09 |
1987 | 13.22 |
1988 | 13.22 |
1989 | 13.33 |
1990 | 21.35 |
1991 | 14.28 |
1992 | 10.37 |
1993 | 2.82 |
1994 | 15.04 |
1995 | 17.33 |
1996 | 12.12 |
1997 | 5.26 |
1998 | 7.10 |
1999 | 5.42 |
2000 | 13.82 |
2001 | 12.24 |
2002 | 16.38 |
2003 | 17.76 |
2004 | 17.66 |
2005 | 12.83 |
2006 | 12.13 |
2007 | 11.17 |
2008 | 12.99 |
2009 | 15.99 |
2010 | 15.87 |
2011 | 16.89 |
2012 | 15.69 |
2013 | 16.34 |
2014 | 17.71 |
2015 | 20.51 |
2016 | 22.06 |
2017 | 21.39 |
2018 | 21.59 |
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