Azerbaijan - Gross savings (% of GDP)
Gross savings (% of GDP) in Azerbaijan was 24.23 as of 2020. Its highest value over the past 25 years was 49.94 in 2008, while its lowest value was 2.10 in 1996.
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 |
---|---|
1995 | 7.28 |
1996 | 2.10 |
1997 | 13.82 |
1998 | 6.62 |
1999 | 14.47 |
2000 | 20.03 |
2001 | 23.66 |
2002 | 22.71 |
2003 | 26.03 |
2004 | 27.54 |
2005 | 39.70 |
2006 | 45.08 |
2007 | 45.36 |
2008 | 49.94 |
2009 | 40.37 |
2010 | 44.73 |
2011 | 46.79 |
2012 | 44.27 |
2013 | 42.76 |
2014 | 40.75 |
2015 | 28.12 |
2016 | 22.60 |
2017 | 29.03 |
2018 | 32.15 |
2019 | 28.57 |
2020 | 24.23 |
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