Small states - Gross savings (% of GDP)
Gross savings (% of GDP) in Small states was 31.76 as of 2020. Its highest value over the past 9 years was 42.20 in 2012, while its lowest value was 31.76 in 2020.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2011 | 41.62 |
| 2012 | 42.20 |
| 2013 | 40.82 |
| 2014 | 39.36 |
| 2015 | 34.13 |
| 2016 | 32.82 |
| 2017 | 35.31 |
| 2018 | 36.52 |
| 2019 | 35.25 |
| 2020 | 31.76 |
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
