The Gambia - Gross savings (% of GDP)

Gross savings (% of GDP) in The Gambia was 32.48 as of 2020. Its highest value over the past 42 years was 42.30 in 1987, while its lowest value was -3.31 in 1996.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1978 3.81
1979 11.38
1980 16.36
1981 24.29
1982 19.87
1983 10.04
1984 12.14
1985 22.88
1986 29.35
1987 42.30
1988 30.11
1989 17.46
1990 21.85
1991 8.75
1992 11.70
1993 -0.16
1994 -2.34
1995 9.45
1996 -3.31
1997 7.54
2003 9.79
2004 6.05
2005 3.58
2006 11.75
2007 9.25
2008 0.32
2009 5.31
2010 -0.35
2011 6.29
2012 15.72
2013 5.59
2014 11.41
2015 18.89
2016 19.91
2017 18.68
2018 15.68
2019 17.89
2020 32.48

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts