Tonga - Gross savings (% of GDP)

Gross savings (% of GDP) in Tonga was 15.62 as of 2020. Its highest value over the past 39 years was 39.85 in 1982, while its lowest value was 7.92 in 2009.

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
1981 17.95
1982 39.85
1983 32.64
1984 24.68
1985 19.60
1986 23.47
1987 26.72
1988 11.41
1989 19.60
1990 26.24
1991 9.13
1992 20.66
1993 20.79
1994 13.65
2001 19.29
2002 19.30
2003 15.25
2004 16.95
2005 12.58
2006 15.34
2007 11.10
2008 8.55
2009 7.92
2010 11.30
2011 16.37
2012 20.65
2013 15.49
2014 15.08
2015 8.90
2016 13.71
2017 20.81
2018 18.49
2019 25.61
2020 15.62

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