Namibia - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Namibia was 8.84 as of 2019. Its highest value over the past 29 years was 37.13 in 1990, while its lowest value was 5.49 in 2016.
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 |
---|---|
1990 | 37.13 |
1991 | 25.72 |
1992 | 28.58 |
1993 | 25.53 |
1994 | 29.23 |
1995 | 29.59 |
1996 | 27.61 |
1997 | 24.67 |
1998 | 26.33 |
1999 | 24.13 |
2000 | 27.51 |
2001 | 22.40 |
2002 | 25.91 |
2003 | 24.85 |
2004 | 29.92 |
2005 | 31.00 |
2006 | 35.80 |
2007 | 29.16 |
2008 | 27.46 |
2009 | 17.06 |
2010 | 19.59 |
2011 | 15.40 |
2012 | 15.60 |
2013 | 18.91 |
2014 | 23.21 |
2015 | 16.43 |
2016 | 5.49 |
2017 | 13.07 |
2018 | 12.39 |
2019 | 8.84 |
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