Montenegro - Gross savings (% of GDP)
Gross savings (% of GDP) in Montenegro was 5.23 as of 2020. Its highest value over the past 13 years was 17.69 in 2019, while its lowest value was -8.29 in 2008.
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 |
|---|---|
| 2007 | -4.60 |
| 2008 | -8.29 |
| 2009 | -0.76 |
| 2010 | 1.17 |
| 2011 | 4.27 |
| 2012 | 5.13 |
| 2013 | 8.22 |
| 2014 | 7.81 |
| 2015 | 9.12 |
| 2016 | 9.87 |
| 2017 | 14.17 |
| 2018 | 14.90 |
| 2019 | 17.69 |
| 2020 | 5.23 |
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
