Benin - Gross savings (% of GDP)

Gross savings (% of GDP) in Benin was 21.31 as of 2020. Its highest value over the past 46 years was 21.72 in 2019, while its lowest value was -3.25 in 1981.

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
1974 11.10
1975 10.15
1976 11.22
1977 13.62
1978 10.50
1979 12.64
1980 4.17
1981 -3.25
1982 13.22
1983 8.19
1984 7.52
1985 2.63
1986 4.14
1987 4.36
1988 0.77
1989 4.51
1990 9.69
1991 10.76
1992 9.58
1993 9.69
1994 14.51
1995 15.90
1996 15.24
1997 16.19
1998 15.80
1999 12.46
2000 12.68
2001 13.28
2002 13.61
2003 11.37
2004 13.26
2005 12.19
2006 12.46
2007 14.05
2008 12.64
2009 11.45
2010 11.39
2011 12.13
2012 13.53
2013 16.28
2014 18.60
2015 13.86
2016 17.40
2017 17.40
2018 19.64
2019 21.72
2020 21.31

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