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