Belarus - Gross savings (% of GDP)

Gross savings (% of GDP) in Belarus was 28.21 as of 2020. Its highest value over the past 27 years was 32.72 in 2011, while its lowest value was 20.11 in 1994.

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
1993 25.68
1994 20.11
1995 20.86
1996 20.17
1997 23.03
1998 22.87
1999 22.80
2000 24.41
2001 21.72
2002 20.64
2003 22.88
2004 26.90
2005 27.96
2006 29.56
2007 29.13
2008 30.50
2009 26.04
2010 26.86
2011 32.72
2012 31.24
2013 28.44
2014 27.47
2015 28.91
2016 26.40
2017 28.02
2018 29.16
2019 27.82
2020 28.21

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