Gross savings (% of GDP)
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Description: The map below shows how Gross savings (% of GDP) varies by country. 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 world is Timor-Leste, with a value of 73.06. The country with the lowest value in the world is Equatorial Guinea, with a value of -146.16.
Source: World Bank national accounts data, and OECD National Accounts data files.
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Aggregation method: Weighted average