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