Thailand - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Thailand was 32.66 as of 2019. Its highest value over the past 44 years was 36.55 in 1993, while its lowest value was 20.51 in 1976.

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
1975 20.56
1976 20.51
1977 21.95
1978 23.91
1979 22.25
1980 22.28
1981 21.19
1982 22.65
1983 22.15
1984 22.70
1985 23.40
1986 24.89
1987 27.79
1988 32.53
1989 34.49
1990 33.45
1991 35.11
1992 34.45
1993 36.55
1994 36.45
1995 36.51
1996 35.50
1997 33.25
1998 33.03
1999 31.42
2000 31.40
2001 29.04
2002 29.13
2003 29.17
2004 29.17
2005 29.57
2006 31.62
2007 33.39
2008 31.82
2009 30.34
2010 30.92
2011 32.21
2012 30.32
2013 29.08
2014 28.98
2015 29.57
2016 31.57
2017 33.44
2018 33.30
2019 32.66

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