Bermuda - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Bermuda was 38.66 as of 2019. Its highest value over the past 9 years was 39.11 in 2018, while its lowest value was 36.03 in 2011.
Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
Source: World Bank national accounts data files.
See also:
| Year | Value |
|---|---|
| 2010 | 37.66 |
| 2011 | 36.03 |
| 2012 | 37.73 |
| 2013 | 38.28 |
| 2014 | 38.18 |
| 2015 | 38.56 |
| 2016 | 38.23 |
| 2017 | 38.89 |
| 2018 | 39.11 |
| 2019 | 38.66 |
Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.
Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
