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