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

Adjusted savings: gross savings (% of GNI) in Estonia was 29.73 as of 2019. Its highest value over the past 19 years was 29.73 in 2019, while its lowest value was 23.15 in 2002.

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
2000 24.57
2001 24.17
2002 23.15
2003 23.27
2004 23.60
2005 25.51
2006 26.11
2007 26.42
2008 24.70
2009 24.37
2010 24.58
2011 28.18
2012 28.42
2013 27.99
2014 28.41
2015 27.15
2016 26.70
2017 28.90
2018 29.02
2019 29.73

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