Cabo Verde - Gross savings (% of GDP)
Gross savings (% of GDP) in Cabo Verde was 33.81 as of 2020. Its highest value over the past 13 years was 37.42 in 2007, while its lowest value was 25.92 in 2014.
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 |
---|---|
2007 | 37.42 |
2008 | 37.31 |
2009 | 33.43 |
2010 | 34.60 |
2011 | 34.02 |
2012 | 28.31 |
2013 | 28.63 |
2014 | 25.92 |
2015 | 28.16 |
2016 | 32.79 |
2017 | 30.56 |
2018 | 34.45 |
2019 | 35.25 |
2020 | 33.81 |
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