Upper middle income - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Upper middle income was 35.18 as of 2019. Its highest value over the past 40 years was 35.71 in 2018, while its lowest value was 23.71 in 1991.

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
1979 23.83
1980 24.58
1981 24.07
1982 24.39
1983 24.49
1984 25.31
1985 27.07
1986 25.36
1987 26.21
1988 27.26
1989 28.89
1990 24.10
1991 23.71
1992 23.95
1993 25.02
1994 26.05
1995 25.09
1996 24.78
1997 24.31
1998 24.19
1999 24.70
2000 25.51
2001 26.11
2002 27.62
2003 29.05
2004 31.00
2005 31.21
2006 33.07
2007 34.07
2008 35.35
2009 33.82
2010 35.00
2011 35.23
2012 34.98
2013 34.32
2014 34.87
2015 35.13
2016 34.60
2017 34.86
2018 35.71
2019 35.18

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