Vietnam - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Vietnam was 24.53 as of 2019. Its highest value over the past 23 years was 39.53 in 2004, while its lowest value was 20.82 in 1996.

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
1996 20.82
1997 21.97
1998 24.22
1999 27.72
2000 36.78
2001 36.83
2002 38.24
2003 37.11
2004 39.53
2005 33.69
2006 34.06
2007 32.76
2008 28.76
2009 21.94
2010 31.64
2011 31.18
2012 32.12
2013 30.96
2014 29.75
2015 25.78
2016 25.73
2017 23.88
2018 24.91
2019 24.53

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