Italy - Gross savings (% of GDP)

Gross savings (% of GDP) in Italy was 21.34 as of 2020. Its highest value over the past 50 years was 27.08 in 1970, while its lowest value was 17.27 in 2010.

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
1970 27.08
1971 25.49
1972 24.78
1973 24.98
1974 25.74
1975 24.06
1976 25.63
1977 25.63
1978 26.06
1979 26.14
1980 24.76
1981 22.51
1982 22.19
1983 22.78
1984 22.87
1985 22.47
1986 22.09
1987 21.92
1988 21.98
1989 21.27
1990 21.11
1991 20.26
1992 19.26
1993 19.98
1994 20.08
1995 22.10
1996 22.37
1997 22.42
1998 21.63
1999 21.03
2000 20.59
2001 21.00
2002 21.07
2003 20.40
2004 20.78
2005 20.28
2006 20.49
2007 20.88
2008 18.99
2009 17.63
2010 17.27
2011 17.64
2012 17.55
2013 18.00
2014 18.85
2015 18.52
2016 20.16
2017 20.61
2018 21.05
2019 21.39
2020 21.34

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