Guinea-Bissau - Gross savings (% of GDP)

Gross savings (% of GDP) in Guinea-Bissau was 13.57 as of 2020. Its highest value over the past 38 years was 14.61 in 1988, while its lowest value was -15.09 in 1982.

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
1982 -15.09
1983 -10.50
1984 -3.75
1985 -13.97
1986 13.83
1987 12.86
1988 14.61
1989 6.94
1990 14.48
1991 3.92
1992 7.47
1993 7.41
1994 7.45
1995 9.67
1996 6.57
1997 14.44
2001 0.92
2002 5.79
2003 6.45
2004 7.87
2005 2.69
2006 4.06
2007 9.01
2008 9.56
2009 4.99
2010 -2.89
2011 10.86
2012 2.18
2013 1.05
2014 12.00
2015 10.09
2016 7.75
2017 8.42
2018 13.43
2019 11.55
2020 13.57

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