Panama - Gross savings (% of GDP)

Gross savings (% of GDP) in Panama was 26.35 as of 2020. Its highest value over the past 43 years was 31.67 in 2017, while its lowest value was 2.34 in 1989.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 28.08
1978 30.43
1979 27.31
1980 22.76
1981 18.85
1982 27.98
1983 25.05
1984 12.48
1985 15.58
1986 14.45
1987 23.25
1988 15.89
1989 2.34
1990 15.85
1991 11.79
1992 17.10
1993 19.86
1994 23.02
1995 22.35
1996 24.98
1997 25.95
1998 20.27
1999 18.37
2000 21.90
2001 19.58
2002 18.67
2003 17.91
2004 15.06
2005 17.21
2006 19.85
2007 26.49
2008 27.93
2009 27.20
2010 22.64
2011 27.58
2012 29.45
2013 30.44
2014 27.46
2015 31.61
2016 29.71
2017 31.67
2018 29.96
2019 28.97
2020 26.35

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts