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

Adjusted savings: gross savings (% of GNI) in Turkey was 26.49 as of 2019. Its highest value over the past 45 years was 39.38 in 1986, while its lowest value was 18.66 in 1994.

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 32.29
1975 33.01
1976 34.31
1977 32.12
1978 31.16
1979 34.08
1980 29.30
1981 33.19
1982 32.61
1983 29.51
1984 30.16
1985 35.65
1986 39.38
1987 24.76
1988 29.24
1989 26.66
1990 22.06
1991 18.91
1992 18.67
1993 18.80
1994 18.66
1995 19.98
1996 22.16
1997 20.82
1998 26.01
1999 22.13
2000 21.72
2001 22.07
2002 22.89
2003 21.03
2004 22.62
2005 23.89
2006 24.89
2007 24.13
2008 24.87
2009 22.21
2010 21.98
2011 23.23
2012 23.56
2013 24.13
2014 25.12
2015 25.50
2016 25.27
2017 26.38
2018 28.15
2019 26.49

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