Burkina Faso - Gross savings (% of GDP)
Gross savings (% of GDP) in Burkina Faso was 16.87 as of 2019. Its highest value over the past 14 years was 18.06 in 2012, while its lowest value was 5.85 in 2005.
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 |
---|---|
2005 | 5.85 |
2006 | 6.31 |
2007 | 10.17 |
2008 | 9.60 |
2009 | 11.49 |
2010 | 15.84 |
2011 | 17.50 |
2012 | 18.06 |
2013 | 14.39 |
2014 | 13.39 |
2015 | 11.86 |
2016 | 13.45 |
2017 | 14.77 |
2018 | 17.11 |
2019 | 16.87 |
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