Austria - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Austria was 28.33 as of 2019. Its highest value over the past 14 years was 28.46 in 2008, while its lowest value was 24.85 in 2009.
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 |
|---|---|
| 2005 | 26.11 |
| 2006 | 26.67 |
| 2007 | 28.22 |
| 2008 | 28.46 |
| 2009 | 24.85 |
| 2010 | 25.61 |
| 2011 | 26.01 |
| 2012 | 25.75 |
| 2013 | 25.42 |
| 2014 | 25.95 |
| 2015 | 25.91 |
| 2016 | 27.12 |
| 2017 | 26.60 |
| 2018 | 27.12 |
| 2019 | 28.33 |
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
