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

Adjusted savings: gross savings (% of GNI) in Tonga was 15.74 as of 2012. Its highest value over the past 31 years was 37.98 in 1982, while its lowest value was 7.68 in 2009.

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
1981 16.90
1982 37.98
1983 31.82
1984 23.92
1985 18.77
1986 22.25
1987 25.66
1988 10.68
1989 18.84
1990 25.58
1991 8.97
1992 20.43
1993 20.64
1994 13.06
2001 19.22
2002 18.95
2003 15.18
2004 16.78
2005 12.61
2006 15.07
2007 10.92
2008 8.40
2009 7.68
2010 10.94
2011 13.87
2012 15.74

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