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

Adjusted savings: gross savings (% of GNI) in Albania was 14.21 as of 2019. Its highest value over the past 35 years was 29.62 in 2005, while its lowest value was -12.68 in 1992.

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
1984 27.76
1985 28.39
1986 28.24
1987 26.06
1988 23.72
1989 26.83
1990 18.80
1991 -11.17
1992 -12.68
1993 10.90
1994 3.09
1995 16.06
1996 15.78
1997 5.45
1998 16.85
1999 14.55
2000 25.17
2001 28.43
2002 25.20
2003 25.85
2004 28.77
2005 29.62
2006 28.24
2007 23.30
2008 17.58
2009 17.61
2010 20.17
2011 20.54
2012 19.78
2013 17.44
2014 15.79
2015 16.66
2016 16.78
2017 16.50
2018 16.83
2019 14.21

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