Other small states - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Other small states was 35.31 as of 2019. Its highest value over the past 41 years was 46.49 in 2012, while its lowest value was 22.10 in 1999.

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
1978 28.74
1979 29.57
1986 24.55
1987 24.92
1988 28.40
1990 27.96
1991 24.17
1992 22.57
1993 23.10
1994 24.46
1995 23.95
1996 24.36
1997 24.88
1998 23.04
1999 22.10
2001 25.72
2002 26.44
2003 25.93
2004 25.39
2005 28.89
2011 45.21
2012 46.49
2013 44.93
2014 43.27
2015 35.64
2016 33.03
2017 35.11
2018 36.93
2019 35.31

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