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

Adjusted savings: gross savings (% of GNI) in Zambia was 40.43 as of 2019. Its highest value over the past 9 years was 42.48 in 2018, while its lowest value was 31.41 in 2016.

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
2010 33.70
2011 32.26
2012 36.09
2013 34.36
2014 32.97
2015 34.37
2016 31.41
2017 37.93
2018 42.48
2019 40.43

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