Heavily indebted poor countries (HIPC) - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Heavily indebted poor countries (HIPC) was 21.90 as of 2018. Its highest value over the past 34 years was 22.54 in 2017, while its lowest value was 10.05 in 1985.

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
1984 10.81
1985 10.05
1986 11.16
1987 10.89
1988 10.91
1989 11.86
1990 11.25
1991 10.74
1992 11.45
1993 11.34
1994 13.66
1995 12.34
1996 12.72
1997 13.29
1998 15.32
1999 14.04
2001 14.69
2002 14.83
2003 16.91
2004 18.19
2005 15.79
2006 16.36
2007 16.47
2008 17.25
2009 16.11
2010 21.20
2011 20.27
2012 20.42
2013 21.03
2014 22.36
2015 20.29
2016 20.52
2017 22.54
2018 21.90

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