Cyprus - Gross savings (% of GDP)

Gross savings (% of GDP) in Cyprus was 8.77 as of 2020. Its highest value over the past 44 years was 26.91 in 1986, while its lowest value was 8.77 in 2020.

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
1976 16.63
1977 19.36
1978 18.30
1979 23.41
1980 22.47
1981 22.52
1982 22.00
1983 19.98
1984 23.42
1985 23.22
1986 26.91
1987 25.76
1988 24.60
1989 26.34
1990 23.10
1991 17.16
1992 18.56
1993 24.78
1994 25.96
1995 21.19
1996 19.38
1997 17.60
1998 25.02
1999 17.83
2000 16.20
2001 15.85
2002 17.50
2003 18.11
2004 17.29
2005 17.22
2006 17.15
2007 13.16
2008 14.19
2009 16.18
2010 13.27
2011 16.62
2012 12.33
2013 11.46
2014 9.49
2015 13.23
2016 13.24
2017 15.66
2018 15.37
2019 14.63
2020 8.77

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