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