Arab World - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Arab World was 27.54 as of 2019. Its highest value over the past 43 years was 52.94 in 1976, while its lowest value was 9.04 in 1991.
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 |
---|---|
1976 | 52.94 |
1977 | 38.17 |
1978 | 32.34 |
1979 | 37.09 |
1980 | 45.08 |
1981 | 41.92 |
1982 | 31.28 |
1983 | 27.66 |
1984 | 25.32 |
1985 | 22.42 |
1986 | 19.74 |
1987 | 20.75 |
1988 | 20.80 |
1989 | 20.63 |
1991 | 9.04 |
1992 | 20.56 |
1993 | 19.88 |
1994 | 19.25 |
1995 | 20.64 |
1996 | 22.26 |
1997 | 22.20 |
1998 | 18.70 |
1999 | 22.73 |
2000 | 26.62 |
2001 | 25.60 |
2002 | 25.05 |
2003 | 28.75 |
2004 | 32.55 |
2005 | 39.39 |
2006 | 40.86 |
2007 | 40.97 |
2008 | 45.77 |
2009 | 30.73 |
2010 | 36.28 |
2011 | 42.24 |
2012 | 40.53 |
2013 | 36.98 |
2014 | 33.55 |
2015 | 23.43 |
2016 | 22.66 |
2017 | 26.33 |
2018 | 29.36 |
2019 | 27.54 |
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