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