The Gambia - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in The Gambia was 16.00 as of 2018. Its highest value over the past 40 years was 37.30 in 1987, while its lowest value was -3.38 in 1996.

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
1978 3.82
1979 11.50
1980 16.60
1981 24.70
1982 20.50
1983 10.70
1984 12.10
1985 20.60
1986 25.40
1987 37.30
1988 29.50
1989 18.60
1990 23.80
1991 9.01
1992 12.00
1993 -0.16
1994 -2.40
1995 9.64
1996 -3.38
1997 7.77
2003 10.30
2004 6.18
2005 3.66
2006 12.00
2007 9.44
2008 0.33
2009 5.41
2010 -0.36
2011 6.43
2012 16.10
2013 5.71
2014 11.70
2015 17.00
2016 22.10
2017 18.00
2018 16.00

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