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