IDA total - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in IDA total was 24.09 as of 2019. Its highest value over the past 38 years was 57.68 in 1981, while its lowest value was 20.12 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
1981 57.68
1982 53.39
1983 43.49
1984 32.11
1985 26.97
1986 26.52
1987 24.95
1988 23.10
1989 25.94
1990 26.20
1991 25.19
1992 23.80
1993 20.12
1994 22.05
1995 21.34
1996 20.72
1997 21.62
1998 21.26
1999 23.89
2000 25.89
2001 23.56
2002 23.61
2003 23.55
2004 23.97
2005 24.08
2006 28.24
2007 23.33
2008 23.45
2009 21.04
2010 23.33
2011 23.40
2012 25.35
2013 21.43
2014 23.28
2015 20.79
2016 20.92
2017 22.19
2018 22.34
2019 24.09

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