Turkey - Gross savings (% of GDP)

Gross savings (% of GDP) in Turkey was 26.88 as of 2020. Its highest value over the past 46 years was 38.40 in 1986, while its lowest value was 18.19 in 1994.

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
1974 32.13
1975 32.89
1976 34.11
1977 31.93
1978 30.95
1979 33.71
1980 28.83
1981 32.52
1982 31.85
1983 28.81
1984 29.40
1985 34.82
1986 38.40
1987 24.17
1988 28.43
1989 26.08
1990 21.69
1991 18.58
1992 18.37
1993 18.52
1994 18.19
1995 19.61
1996 21.80
1997 20.49
1998 25.73
1999 21.82
2000 21.40
2001 21.52
2002 22.45
2003 20.65
2004 22.31
2005 23.64
2006 24.63
2007 23.91
2008 24.62
2009 21.95
2010 21.80
2011 23.03
2012 23.38
2013 23.91
2014 24.90
2015 25.21
2016 24.98
2017 26.01
2018 27.69
2019 26.05
2020 26.88

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