Burkina Faso - Gross savings (% of GDP)

Gross savings (% of GDP) in Burkina Faso was 16.87 as of 2019. Its highest value over the past 14 years was 18.06 in 2012, while its lowest value was 5.85 in 2005.

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
2005 5.85
2006 6.31
2007 10.17
2008 9.60
2009 11.49
2010 15.84
2011 17.50
2012 18.06
2013 14.39
2014 13.39
2015 11.86
2016 13.45
2017 14.77
2018 17.11
2019 16.87

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