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