Central Europe and the Baltics - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Central Europe and the Baltics was 23.21 as of 2019. Its highest value over the past 39 years was 36.42 in 1981, while its lowest value was 19.05 in 2004.

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
1980 30.15
1981 36.42
1982 35.21
1983 33.92
1984 35.41
1985 31.97
1986 32.33
1987 30.68
1988 33.30
1995 22.25
1996 21.56
1997 21.62
1998 21.99
1999 20.67
2000 20.64
2001 20.41
2002 19.70
2003 19.18
2004 19.05
2005 19.90
2006 20.62
2007 21.03
2008 21.37
2009 20.14
2010 20.07
2011 20.93
2012 20.81
2013 21.90
2014 22.51
2015 23.52
2016 22.92
2017 23.19
2018 23.01
2019 23.21

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