Kiribati - Gross savings (% of GDP)

Gross savings (% of GDP) in Kiribati was 64.71 as of 2018. Its highest value over the past 39 years was 100.67 in 1991, while its lowest value was 2.43 in 2009.

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
1979 50.27
1980 28.77
1981 23.35
1982 55.50
1983 74.48
1984 49.40
1985 30.65
1986 31.35
1987 46.79
1988 49.43
1989 44.84
1990 53.91
1991 100.67
1992 96.00
2008 7.44
2009 2.43
2010 14.59
2011 9.34
2012 26.39
2013 27.92
2014 62.09
2015 76.18
2016 46.66
2017 68.39
2018 64.71

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