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