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