Hungary - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Hungary was 28.60 as of 2019. Its highest value over the past 26 years was 28.60 in 2019, while its lowest value was 12.20 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
1993 12.20
1994 16.10
1995 20.20
1996 21.70
1997 22.90
1998 22.80
1999 20.00
2000 20.40
2001 21.00
2002 19.70
2003 16.70
2004 17.60
2005 17.50
2006 19.10
2007 18.00
2008 18.80
2009 20.40
2010 21.70
2011 21.90
2012 21.80
2013 25.10
2014 25.70
2015 26.70
2016 26.50
2017 25.80
2018 27.90
2019 28.60

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