Low income - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Low income was 22.71 as of 2018. Its highest value over the past 33 years was 22.71 in 2018, while its lowest value was 6.24 in 1985.
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 |
|---|---|
| 1985 | 6.24 |
| 1986 | 10.31 |
| 1987 | 9.68 |
| 1988 | 10.25 |
| 1989 | 12.47 |
| 2000 | 20.19 |
| 2001 | 22.18 |
| 2002 | 22.40 |
| 2003 | 22.46 |
| 2004 | 19.27 |
| 2005 | 16.61 |
| 2006 | 17.45 |
| 2007 | 22.70 |
| 2013 | 18.02 |
| 2014 | 20.60 |
| 2015 | 18.16 |
| 2016 | 19.74 |
| 2017 | 21.97 |
| 2018 | 22.71 |
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
