Burkina Faso - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Burkina Faso was 16.91 as of 2019. Its highest value over the past 14 years was 18.53 in 2012, while its lowest value was 5.92 in 2005.

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
2005 5.92
2006 6.33
2007 10.20
2008 9.64
2009 11.64
2010 16.33
2011 18.23
2012 18.53
2013 14.79
2014 14.00
2015 12.43
2016 14.08
2017 15.35
2018 18.13
2019 16.91

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