Namibia - Gross savings (% of GDP)

Gross savings (% of GDP) in Namibia was 16.27 as of 2020. Its highest value over the past 30 years was 37.82 in 1990, while its lowest value was 6.04 in 2016.

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
1990 37.82
1991 26.69
1992 28.88
1993 25.71
1994 29.40
1995 30.49
1996 27.80
1997 24.75
1998 26.61
1999 23.71
2000 27.65
2001 22.33
2002 26.27
2003 26.03
2004 30.29
2005 30.49
2006 35.49
2007 28.26
2008 26.67
2009 16.53
2010 18.57
2011 14.77
2012 14.97
2013 19.20
2014 22.94
2015 16.29
2016 6.04
2017 13.12
2018 11.65
2019 12.60
2020 16.27

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