United Kingdom - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in United Kingdom was 13.62 as of 2019. Its highest value over the past 49 years was 22.03 in 1970, while its lowest value was 11.69 in 2013.

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
1970 22.03
1971 21.19
1972 19.94
1973 20.66
1974 17.83
1975 16.94
1976 18.14
1977 19.46
1978 19.87
1979 19.26
1980 17.92
1981 16.85
1982 16.74
1983 17.28
1984 17.54
1985 17.30
1986 16.07
1987 16.45
1988 16.67
1989 16.60
1990 15.44
1991 14.72
1992 13.57
1993 13.43
1994 15.26
1995 15.43
1996 15.76
1997 16.28
1998 17.11
1999 15.77
2000 16.15
2001 16.11
2002 15.92
2003 15.82
2004 14.99
2005 15.48
2006 15.15
2007 15.09
2008 13.61
2009 11.76
2010 13.13
2011 13.86
2012 12.51
2013 11.69
2014 12.70
2015 12.90
2016 12.42
2017 14.06
2018 13.63
2019 13.62

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