Papua New Guinea - Gross savings (% of GDP)
Gross savings (% of GDP) in Papua New Guinea was 30.42 as of 2004. Its highest value over the past 28 years was 35.15 in 1995, while its lowest value was 10.99 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 |
---|---|
1976 | 20.61 |
1977 | 30.00 |
1978 | 26.84 |
1979 | 28.43 |
1980 | 19.25 |
1981 | 11.45 |
1982 | 11.79 |
1983 | 14.29 |
1984 | 17.88 |
1985 | 12.34 |
1986 | 15.43 |
1987 | 13.55 |
1988 | 18.33 |
1989 | 10.99 |
1990 | 17.12 |
1991 | 21.12 |
1992 | 20.74 |
1993 | 25.48 |
1994 | 28.07 |
1995 | 35.15 |
1996 | 26.21 |
1997 | 14.83 |
1998 | 18.41 |
1999 | 18.88 |
2000 | 32.48 |
2001 | 28.35 |
2002 | 22.94 |
2003 | 30.46 |
2004 | 30.42 |
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