Cabo Verde - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Cabo Verde was 35.76 as of 2019. Its highest value over the past 12 years was 38.32 in 2008, while its lowest value was 27.28 in 2014.
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 |
|---|---|
| 2007 | 38.21 |
| 2008 | 38.32 |
| 2009 | 34.30 |
| 2010 | 36.19 |
| 2011 | 35.41 |
| 2012 | 29.58 |
| 2013 | 29.66 |
| 2014 | 27.28 |
| 2015 | 29.24 |
| 2016 | 34.02 |
| 2017 | 31.64 |
| 2018 | 35.19 |
| 2019 | 35.76 |
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
