Czech Republic - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Czech Republic was 27.93 as of 2019. Its highest value over the past 26 years was 31.52 in 1995, while its lowest value was 24.43 in 2011.

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
1993 29.44
1994 29.92
1995 31.52
1996 30.81
1997 28.35
1998 30.37
1999 28.93
2000 29.31
2001 29.53
2002 27.80
2003 26.24
2004 27.20
2005 28.08
2006 28.12
2007 29.75
2008 28.87
2009 25.01
2010 24.49
2011 24.43
2012 25.67
2013 25.75
2014 27.18
2015 29.09
2016 28.26
2017 28.91
2018 28.39
2019 27.93

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