Middle income - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Middle income was 33.40 as of 2019. Its highest value over the past 41 years was 34.53 in 2008, while its lowest value was 22.08 in 1978.

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
1978 22.08
1979 22.92
1980 22.86
1981 28.66
1982 27.48
1983 26.07
1984 24.85
1985 25.03
1986 22.99
1987 24.33
1988 24.51
1989 26.73
1990 24.21
1991 24.06
1992 24.08
1993 25.11
1994 26.18
1995 25.32
1996 25.06
1997 24.71
1998 24.25
1999 24.82
2000 25.99
2001 26.08
2002 27.29
2003 28.53
2004 30.54
2005 31.28
2006 33.21
2007 33.55
2008 34.53
2009 32.83
2010 34.21
2011 34.27
2012 34.08
2013 33.13
2014 33.55
2015 33.30
2016 32.74
2017 33.24
2018 33.97
2019 33.40

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