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