Guinea-Bissau - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Guinea-Bissau was 8.83 as of 2018. Its highest value over the past 36 years was 15.55 in 1988, while its lowest value was -15.32 in 1982.

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 -15.32
1983 -10.53
1984 -3.76
1985 -12.60
1986 13.92
1987 13.50
1988 15.55
1989 7.36
1990 15.14
1991 4.19
1992 7.94
1993 7.92
1994 7.93
1995 10.41
1996 7.06
1997 15.28
2001 0.96
2002 5.91
2003 6.60
2004 8.03
2005 2.74
2006 4.09
2007 9.06
2008 9.72
2009 5.06
2010 -2.91
2011 10.80
2012 2.17
2013 1.07
2014 11.59
2015 9.85
2016 7.56
2017 8.39
2018 8.83

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