China - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in China was 43.92 as of 2019. Its highest value over the past 37 years was 51.55 in 2010, while its lowest value was 33.02 in 1983.

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
1982 33.76
1983 33.02
1984 34.73
1985 35.18
1986 35.25
1987 37.26
1988 37.99
1989 35.86
1990 36.60
1991 38.42
1992 40.59
1993 41.79
1994 41.77
1995 40.17
1996 39.33
1997 40.20
1998 38.98
1999 37.05
2000 36.18
2001 37.81
2002 39.28
2003 42.68
2004 45.79
2005 46.28
2006 48.35
2007 50.16
2008 51.47
2009 50.46
2010 51.55
2011 49.70
2012 48.78
2013 47.77
2014 47.56
2015 45.69
2016 44.66
2017 44.99
2018 44.63
2019 43.92

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