Guyana - Gross savings (% of GDP)

Gross savings (% of GDP) in Guyana was 17.48 as of 2005. Its highest value over the past 28 years was 24.19 in 1996, while its lowest value was -11.75 in 1983.

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
1977 6.67
1978 14.12
1979 15.83
1980 13.31
1981 -2.94
1982 -6.74
1983 -11.75
1984 3.97
1985 5.72
1992 12.94
1993 17.35
1994 10.36
1995 18.48
1996 24.19
1997 17.61
1998 15.25
1999 12.69
2000 9.59
2001 6.72
2002 6.68
2003 11.18
2004 19.29
2005 17.48

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