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

Adjusted savings: gross savings (% of GNI) in Aruba was 15.61 as of 2017. Its highest value over the past 22 years was 31.31 in 1995, while its lowest value was -2.57 in 2005.

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
1995 31.31
1996 25.17
1997 24.69
1998 27.16
1999 21.17
2000 24.04
2001 19.92
2002 12.92
2003 14.85
2004 17.69
2005 -2.57
2006 13.76
2007 2.83
2008 14.34
2009 11.30
2010 3.77
2011 -1.88
2012 1.98
2013 5.29
2014 9.91
2015 14.93
2016 15.92
2017 15.61

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