Slovak Republic - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Slovak Republic was 21.64 as of 2019. Its highest value over the past 24 years was 25.82 in 2007, while its lowest value was 18.37 in 2009.

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
1995 23.72
1996 22.24
1997 25.26
1998 24.77
1999 24.83
2000 24.79
2001 23.94
2002 24.03
2003 21.86
2004 22.03
2005 24.19
2006 23.66
2007 25.82
2008 24.24
2009 18.37
2010 21.07
2011 22.13
2012 23.47
2013 23.89
2014 23.98
2015 23.95
2016 22.29
2017 22.17
2018 22.84
2019 21.64

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