Iraq - Gross savings (% of GDP)
Gross savings (% of GDP) in Iraq was 37.74 as of 2019. Its highest value over the past 14 years was 52.51 in 2008, while its lowest value was 24.44 in 2016.
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:
| Year | Value |
|---|---|
| 2005 | 39.92 |
| 2006 | 41.01 |
| 2007 | 38.85 |
| 2008 | 52.51 |
| 2009 | 27.67 |
| 2010 | 35.98 |
| 2011 | 42.75 |
| 2012 | 41.71 |
| 2013 | 41.39 |
| 2014 | 37.98 |
| 2015 | 25.07 |
| 2016 | 24.44 |
| 2017 | 32.10 |
| 2018 | 40.28 |
| 2019 | 37.74 |
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
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
