New Zealand - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in New Zealand was 21.98 as of 2018. Its highest value over the past 18 years was 22.95 in 2001, while its lowest value was 16.90 in 2008.
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 |
|---|---|
| 2000 | 20.97 |
| 2001 | 22.95 |
| 2002 | 21.96 |
| 2003 | 22.40 |
| 2004 | 21.23 |
| 2005 | 18.91 |
| 2006 | 18.22 |
| 2007 | 19.41 |
| 2008 | 16.90 |
| 2009 | 18.88 |
| 2010 | 18.34 |
| 2011 | 18.17 |
| 2012 | 17.99 |
| 2013 | 20.28 |
| 2014 | 20.36 |
| 2015 | 21.51 |
| 2016 | 21.46 |
| 2017 | 21.86 |
| 2018 | 21.98 |
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
