Oman - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Oman was 16.04 as of 2019. Its highest value over the past 45 years was 46.86 in 2008, while its lowest value was 8.78 in 1993.

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
1974 40.85
1975 44.65
1976 40.70
1977 44.08
1978 28.42
1979 42.19
1980 40.39
1981 43.43
1982 33.91
1983 33.67
1984 34.21
1985 28.67
1986 17.99
1987 28.92
1988 22.26
1989 27.06
1990 22.48
1991 14.27
1992 13.15
1993 8.78
1994 11.00
1995 10.23
1996 16.10
1997 16.80
1998 12.62
1999 19.71
2000 32.83
2001 28.19
2002 28.83
2003 30.70
2004 31.96
2005 39.39
2006 43.15
2007 40.71
2008 46.86
2009 28.92
2010 35.41
2011 36.61
2012 36.65
2013 34.43
2014 27.50
2015 14.13
2016 10.03
2017 12.51
2018 20.32
2019 16.04

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