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

Adjusted savings: gross savings (% of GNI) in Palau was 11.57 as of 2017. Its highest value over the past 12 years was 23.91 in 2005, while its lowest value was 11.57 in 2017.

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
2005 23.91
2006 19.56
2007 22.58
2008 18.62
2009 12.09
2010 15.25
2011 14.89
2012 13.55
2013 12.12
2014 13.52
2015 18.39
2016 18.26
2017 11.57

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