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