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

Adjusted savings: gross savings (% of GNI) in Paraguay was 22.01 as of 2019. Its highest value over the past 24 years was 29.35 in 2002, while its lowest value was 16.90 in 2000.

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
1995 21.94
1996 22.66
1997 19.03
1998 23.52
1999 22.54
2000 16.90
2001 19.90
2002 29.35
2003 24.69
2004 23.12
2005 23.34
2006 25.66
2007 27.10
2008 23.85
2009 22.45
2010 25.20
2011 26.09
2012 21.40
2013 24.91
2014 23.26
2015 22.57
2016 24.70
2017 25.06
2018 23.37
2019 22.01

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