Romania - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Romania was 18.57 as of 2019. Its highest value over the past 29 years was 24.90 in 1991, while its lowest value was 11.32 in 1998.
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 |
---|---|
1990 | 20.78 |
1991 | 24.90 |
1992 | 22.98 |
1993 | 24.35 |
1994 | 23.36 |
1995 | 18.75 |
1996 | 16.13 |
1997 | 15.35 |
1998 | 11.32 |
1999 | 11.66 |
2000 | 16.11 |
2001 | 17.41 |
2002 | 19.01 |
2003 | 16.71 |
2004 | 16.50 |
2005 | 14.65 |
2006 | 17.58 |
2007 | 16.85 |
2008 | 22.30 |
2009 | 22.81 |
2010 | 22.09 |
2011 | 23.39 |
2012 | 22.45 |
2013 | 24.90 |
2014 | 24.62 |
2015 | 24.58 |
2016 | 22.12 |
2017 | 20.63 |
2018 | 18.47 |
2019 | 18.57 |
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