Austria - Gross savings (% of GDP)
Gross savings (% of GDP) in Austria was 27.70 as of 2020. Its highest value over the past 15 years was 28.70 in 2008, while its lowest value was 24.84 in 2009.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
Year | Value |
---|---|
2005 | 26.06 |
2006 | 26.74 |
2007 | 28.19 |
2008 | 28.70 |
2009 | 24.84 |
2010 | 25.82 |
2011 | 26.09 |
2012 | 25.78 |
2013 | 25.48 |
2014 | 25.99 |
2015 | 25.65 |
2016 | 27.12 |
2017 | 26.34 |
2018 | 26.80 |
2019 | 27.76 |
2020 | 27.70 |
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts