Mongolia - Gross savings (% of GDP)

Gross savings (% of GDP) in Mongolia was 16.31 as of 2020. Its highest value over the past 39 years was 45.96 in 2006, while its lowest value was 7.95 in 1988.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 22.32
1982 31.23
1983 21.05
1984 20.03
1985 19.25
1986 13.60
1987 8.49
1988 7.95
1989 14.91
1990 23.38
1991 25.48
1992 36.50
1993 41.80
1994 40.56
1995 38.79
1996 33.03
1997 37.16
1998 30.87
1999 33.44
2000 17.42
2001 17.92
2002 16.28
2003 25.04
2004 33.66
2005 39.56
2006 45.96
2007 41.03
2008 29.96
2009 27.23
2010 26.63
2011 30.40
2012 27.70
2013 26.28
2014 23.45
2015 16.40
2016 16.98
2017 17.36
2018 22.14
2019 20.26
2020 16.31

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts