United States - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in United States was 18.49 as of 2019. Its highest value over the past 49 years was 23.68 in 1973, while its lowest value was 14.07 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 |
---|---|
1970 | 21.54 |
1971 | 21.51 |
1972 | 22.08 |
1973 | 23.68 |
1974 | 22.57 |
1975 | 20.92 |
1976 | 21.51 |
1977 | 22.20 |
1978 | 23.45 |
1979 | 23.64 |
1980 | 22.28 |
1981 | 23.39 |
1982 | 21.61 |
1983 | 19.90 |
1984 | 21.94 |
1985 | 20.50 |
1986 | 19.22 |
1987 | 19.72 |
1988 | 20.55 |
1989 | 19.90 |
1990 | 18.95 |
1991 | 19.00 |
1992 | 17.91 |
1993 | 17.36 |
1994 | 18.14 |
1995 | 18.91 |
1996 | 19.70 |
1997 | 20.80 |
1998 | 21.21 |
1999 | 20.82 |
2000 | 20.58 |
2001 | 19.39 |
2002 | 18.22 |
2003 | 17.39 |
2004 | 17.68 |
2005 | 18.09 |
2006 | 18.97 |
2007 | 17.52 |
2008 | 15.39 |
2009 | 14.07 |
2010 | 15.42 |
2011 | 16.27 |
2012 | 18.34 |
2013 | 18.87 |
2014 | 19.86 |
2015 | 19.77 |
2016 | 18.40 |
2017 | 18.35 |
2018 | 18.39 |
2019 | 18.49 |
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