Lebanon - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Lebanon was -3.15 as of 2019. Its highest value over the past 17 years was 14.32 in 2007, while its lowest value was -19.60 in 2003.

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
2002 -4.44
2003 -19.60
2004 6.72
2005 7.54
2006 10.21
2007 14.32
2008 7.94
2009 7.49
2010 5.00
2011 2.72
2012 -2.54
2013 -2.49
2014 -3.54
2015 2.41
2016 1.68
2017 -1.30
2018 -4.03
2019 -3.15

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