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
