Adjusted savings: gross savings (% of GNI) - South America

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Description: The map below shows how Adjusted savings: gross savings (% of GNI) varies by country in South America. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Suriname, with a value of 51.57. The country with the lowest value in the region is Venezuela, with a value of 9.04.

Source: World Bank national accounts data files.

See also: Country ranking, Time series comparison

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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