Russia - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Russia was 28.47 as of 2019. Its highest value over the past 25 years was 37.12 in 2000, while its lowest value was 20.20 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 |
---|---|
1994 | 29.71 |
1995 | 28.26 |
1996 | 27.50 |
1997 | 22.43 |
1998 | 20.20 |
1999 | 29.40 |
2000 | 37.12 |
2001 | 32.97 |
2002 | 29.33 |
2003 | 29.16 |
2004 | 30.93 |
2005 | 31.31 |
2006 | 31.58 |
2007 | 31.98 |
2008 | 30.93 |
2009 | 21.58 |
2010 | 27.12 |
2011 | 29.63 |
2012 | 28.11 |
2013 | 25.16 |
2014 | 25.35 |
2015 | 27.12 |
2016 | 25.73 |
2017 | 26.37 |
2018 | 30.75 |
2019 | 28.47 |
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