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