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