Euro area - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Euro area was 25.16 as of 2019. Its highest value over the past 44 years was 25.16 in 2019, while its lowest value was 20.48 in 1982.
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 | 23.25 |
1976 | 23.42 |
1977 | 23.17 |
1978 | 23.56 |
1979 | 23.37 |
1980 | 22.40 |
1981 | 20.79 |
1982 | 20.48 |
1983 | 20.72 |
1984 | 21.23 |
1985 | 21.35 |
1986 | 22.25 |
1987 | 21.86 |
1988 | 22.84 |
1989 | 23.19 |
1990 | 23.44 |
1991 | 22.68 |
1992 | 22.04 |
1993 | 21.64 |
1994 | 21.89 |
1995 | 22.88 |
1996 | 22.57 |
1997 | 23.08 |
1998 | 23.38 |
1999 | 23.19 |
2000 | 23.08 |
2001 | 23.02 |
2002 | 22.95 |
2003 | 22.43 |
2004 | 23.20 |
2005 | 23.09 |
2006 | 23.75 |
2007 | 24.43 |
2008 | 23.26 |
2009 | 20.98 |
2010 | 21.44 |
2011 | 22.28 |
2012 | 22.08 |
2013 | 22.26 |
2014 | 22.86 |
2015 | 23.75 |
2016 | 24.14 |
2017 | 24.68 |
2018 | 24.97 |
2019 | 25.16 |
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