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

Adjusted savings: gross savings (% of GNI) in Liberia was -44.20 as of 2019. Its highest value over the past 15 years was 1.01 in 2006, while its lowest value was -85.36 in 2004.

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
2004 -85.36
2005 -80.13
2006 1.01
2007 -79.15
2008 -35.24
2009 -6.70
2010 -25.48
2011 -19.92
2012 -22.46
2013 -32.76
2014 -42.65
2015 -33.95
2016 -41.93
2017 -53.74
2018 -67.31
2019 -44.20

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