Vietnam - Gross savings (% of GDP)

Gross savings (% of GDP) in Vietnam was 23.16 as of 2020. Its highest value over the past 24 years was 33.47 in 2004, while its lowest value was 21.20 in 1996.

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
1996 21.20
1997 21.80
1998 23.34
1999 26.87
2000 31.25
2001 31.30
2002 32.53
2003 31.49
2004 33.47
2005 33.08
2006 33.33
2007 31.84
2008 27.90
2009 27.50
2010 30.44
2011 29.84
2012 30.83
2013 29.64
2014 28.34
2015 23.30
2016 21.95
2017 21.67
2018 23.12
2019 22.49
2020 23.16

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