Tanzania - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Tanzania was 31.32 as of 2017. Its highest value over the past 27 years was 31.32 in 2017, while its lowest value was 3.54 in 1994.
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 |
---|---|
1990 | 8.63 |
1991 | 5.37 |
1992 | 7.22 |
1993 | 5.23 |
1994 | 3.54 |
1995 | 9.91 |
1996 | 11.10 |
1997 | 11.18 |
1998 | 18.87 |
1999 | 15.47 |
2000 | 17.21 |
2001 | 17.48 |
2002 | 20.69 |
2003 | 22.78 |
2004 | 25.47 |
2005 | 25.66 |
2006 | 27.45 |
2007 | 26.69 |
2008 | 29.58 |
2009 | 29.55 |
2010 | 25.53 |
2011 | 23.01 |
2012 | 26.20 |
2013 | 27.44 |
2014 | 28.21 |
2015 | 25.81 |
2016 | 28.63 |
2017 | 31.32 |
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