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