Ireland - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Ireland was 45.29 as of 2019. Its highest value over the past 14 years was 45.29 in 2019, while its lowest value was 17.89 in 2009.
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 |
|---|---|
| 2005 | 30.97 |
| 2006 | 30.87 |
| 2007 | 27.32 |
| 2008 | 21.31 |
| 2009 | 17.89 |
| 2010 | 19.80 |
| 2011 | 19.28 |
| 2012 | 19.81 |
| 2013 | 24.59 |
| 2014 | 28.38 |
| 2015 | 39.42 |
| 2016 | 41.78 |
| 2017 | 43.09 |
| 2018 | 43.81 |
| 2019 | 45.29 |
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
