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

Adjusted savings: gross savings (% of GNI) in Panama was 32.07 as of 2019. Its highest value over the past 42 years was 33.77 in 2015, while its lowest value was 3.04 in 1989.

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
1977 17.36
1978 19.91
1979 16.47
1980 23.08
1981 18.93
1982 28.49
1983 24.85
1984 11.84
1985 15.30
1986 13.97
1987 23.14
1988 15.93
1989 3.04
1990 16.99
1991 12.60
1992 18.19
1993 21.02
1994 24.27
1995 24.71
1996 25.37
1997 26.81
1998 21.44
1999 19.74
2000 23.46
2001 20.80
2002 19.79
2003 20.47
2004 17.12
2005 18.53
2006 21.38
2007 28.14
2008 29.71
2009 28.74
2010 24.57
2011 29.20
2012 31.59
2013 32.52
2014 30.08
2015 33.77
2016 32.00
2017 33.39
2018 31.73
2019 32.07

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