Belgium - Gross savings (% of GDP)
Gross savings (% of GDP) in Belgium was 25.00 as of 2020. Its highest value over the past 18 years was 28.78 in 2007, while its lowest value was 23.50 in 2011.
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 |
|---|---|
| 2002 | 26.37 |
| 2003 | 26.22 |
| 2004 | 27.19 |
| 2005 | 27.32 |
| 2006 | 27.85 |
| 2007 | 28.78 |
| 2008 | 27.43 |
| 2009 | 25.00 |
| 2010 | 25.35 |
| 2011 | 23.50 |
| 2012 | 24.73 |
| 2013 | 24.23 |
| 2014 | 24.58 |
| 2015 | 25.01 |
| 2016 | 24.82 |
| 2017 | 25.15 |
| 2018 | 24.55 |
| 2019 | 25.09 |
| 2020 | 25.00 |
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
