Serbia - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Serbia was 19.31 as of 2019. Its highest value over the past 12 years was 19.70 in 2018, while its lowest value was 9.40 in 2008.
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 |
|---|---|
| 2007 | 11.44 |
| 2008 | 9.40 |
| 2009 | 14.89 |
| 2010 | 14.17 |
| 2011 | 12.29 |
| 2012 | 11.35 |
| 2013 | 14.53 |
| 2014 | 13.65 |
| 2015 | 17.13 |
| 2016 | 17.30 |
| 2017 | 16.54 |
| 2018 | 19.70 |
| 2019 | 19.31 |
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
