Gross savings (% of GDP) - Country Ranking - Oceania

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Kiribati 64.71 2018
2 Vanuatu 44.59 2020
3 Papua New Guinea 30.42 2004
4 Australia 24.07 2020
5 New Zealand 21.06 2019
6 Fiji 20.25 2020
7 Tonga 15.62 2020
8 Solomon Islands 7.17 2020

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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

Periodicity: Annual