World - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in World was 26.54 as of 2019. Its highest value over the past 44 years was 26.76 in 2018, while its lowest value was 20.46 in 1993.
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 |
|---|---|
| 1975 | 22.24 |
| 1976 | 22.83 |
| 1977 | 22.81 |
| 1978 | 23.23 |
| 1979 | 23.53 |
| 1980 | 22.92 |
| 1981 | 23.83 |
| 1982 | 22.42 |
| 1983 | 21.44 |
| 1984 | 22.42 |
| 1985 | 21.77 |
| 1986 | 20.98 |
| 1987 | 21.46 |
| 1988 | 22.18 |
| 1989 | 22.44 |
| 1990 | 21.69 |
| 1991 | 21.00 |
| 1992 | 20.51 |
| 1993 | 20.46 |
| 1994 | 21.45 |
| 1995 | 22.22 |
| 1996 | 23.96 |
| 1997 | 24.16 |
| 1998 | 23.90 |
| 1999 | 23.68 |
| 2000 | 24.08 |
| 2001 | 23.16 |
| 2002 | 22.69 |
| 2003 | 22.74 |
| 2004 | 23.66 |
| 2005 | 24.24 |
| 2006 | 25.32 |
| 2007 | 25.51 |
| 2008 | 25.14 |
| 2009 | 23.07 |
| 2010 | 24.80 |
| 2011 | 25.69 |
| 2012 | 26.07 |
| 2013 | 25.96 |
| 2014 | 26.38 |
| 2015 | 26.35 |
| 2016 | 25.84 |
| 2017 | 26.42 |
| 2018 | 26.76 |
| 2019 | 26.54 |
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
