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