Hong Kong SAR, China - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Hong Kong SAR, China was 23.76 as of 2019. Its highest value over the past 21 years was 34.17 in 2006, while its lowest value was 23.76 in 2019.

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
1998 30.11
1999 30.79
2000 31.72
2001 30.91
2002 30.87
2003 32.34
2004 31.63
2005 32.77
2006 34.17
2007 33.35
2008 34.02
2009 30.81
2010 30.25
2011 28.91
2012 26.42
2013 25.07
2014 24.70
2015 24.41
2016 24.84
2017 25.54
2018 24.57
2019 23.76

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