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

Adjusted savings: gross savings (% of GNI) in Vanuatu was 31.59 as of 2014. Its highest value over the past 31 years was 34.15 in 2008, while its lowest value was 0.31 in 1998.

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
1983 17.75
1984 26.31
1985 17.23
1986 14.91
1987 22.88
1988 16.65
1989 21.01
1990 27.03
1991 24.22
1992 17.59
1993 18.42
1994 17.00
1995 16.22
1996 6.40
1997 17.32
1998 0.31
1999 0.32
2000 6.39
2001 8.39
2002 13.00
2003 13.22
2004 16.82
2005 19.33
2006 25.23
2007 25.06
2008 34.15
2009 26.79
2010 21.31
2011 21.67
2012 19.76
2013 25.19
2014 31.59

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