High income - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in High income was 22.29 as of 2019. Its highest value over the past 48 years was 24.08 in 1973, while its lowest value was 19.56 in 1993.

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
1971 22.77
1972 22.92
1973 24.08
1974 23.80
1975 22.34
1976 22.97
1977 22.96
1978 23.48
1979 23.68
1980 22.95
1981 22.75
1982 21.23
1983 20.49
1984 21.84
1985 20.99
1986 20.60
1987 20.94
1988 21.79
1989 21.69
1990 21.23
1991 20.49
1992 19.92
1993 19.56
1994 20.33
1995 21.50
1996 23.74
1997 24.03
1998 23.84
1999 23.47
2000 23.66
2001 22.55
2002 21.75
2003 21.56
2004 22.17
2005 22.52
2006 23.16
2007 22.97
2008 21.79
2009 19.57
2010 20.80
2011 21.73
2012 22.19
2013 22.35
2014 22.80
2015 22.71
2016 22.27
2017 22.70
2018 22.83
2019 22.29

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