Macao SAR, China - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Macao SAR, China was 58.28 as of 2018. Its highest value over the past 16 years was 65.25 in 2013, while its lowest value was 42.72 in 2002.
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 | 42.72 |
2003 | 46.13 |
2004 | 52.67 |
2005 | 53.59 |
2006 | 55.23 |
2007 | 60.55 |
2008 | 53.85 |
2009 | 52.76 |
2010 | 59.89 |
2011 | 63.94 |
2012 | 64.24 |
2013 | 65.25 |
2014 | 63.82 |
2015 | 56.27 |
2016 | 55.22 |
2017 | 58.13 |
2018 | 58.28 |
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