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