Luxembourg - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Luxembourg was 26.10 as of 2019. Its highest value over the past 20 years was 45.90 in 2007, while its lowest value was 23.00 in 2009.
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 |
|---|---|
| 1999 | 37.60 |
| 2000 | 38.10 |
| 2001 | 36.50 |
| 2002 | 35.40 |
| 2003 | 32.60 |
| 2004 | 39.40 |
| 2005 | 42.00 |
| 2006 | 39.10 |
| 2007 | 45.90 |
| 2008 | 41.40 |
| 2009 | 23.00 |
| 2010 | 32.00 |
| 2011 | 30.10 |
| 2012 | 27.60 |
| 2013 | 27.00 |
| 2014 | 28.30 |
| 2015 | 30.00 |
| 2016 | 29.90 |
| 2017 | 27.30 |
| 2018 | 27.30 |
| 2019 | 26.10 |
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
