Guinea - Gross savings (% of GDP)
Gross savings (% of GDP) in Guinea was 24.00 as of 2020. Its highest value over the past 34 years was 24.00 in 2020, while its lowest value was -7.78 in 2013.
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 |
---|---|
1986 | 11.34 |
1987 | 12.18 |
1988 | 11.01 |
1989 | 14.89 |
1990 | 19.21 |
1991 | 19.54 |
1992 | 19.76 |
1993 | 23.57 |
1994 | 21.87 |
1995 | 20.67 |
1996 | 16.00 |
1997 | 17.86 |
1998 | 13.61 |
1999 | 15.44 |
2000 | 16.11 |
2001 | 15.13 |
2002 | 12.50 |
2003 | 19.19 |
2004 | 12.63 |
2005 | 9.36 |
2006 | 1.37 |
2007 | -3.68 |
2008 | 4.27 |
2009 | -5.48 |
2010 | 6.58 |
2011 | 3.39 |
2012 | 5.76 |
2013 | -7.78 |
2014 | -3.61 |
2015 | -7.38 |
2016 | -1.22 |
2017 | 11.42 |
2018 | 8.34 |
2019 | 8.40 |
2020 | 24.00 |
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