Georgia - Gross savings (% of GDP)

Gross savings (% of GDP) in Georgia was 11.32 as of 2020. Its highest value over the past 23 years was 21.34 in 2018, while its lowest value was -2.97 in 1997.

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
1997 -2.97
1998 15.83
1999 20.45
2000 10.34
2001 18.60
2002 19.07
2003 16.35
2004 20.96
2005 19.06
2006 11.59
2007 11.01
2008 2.93
2009 0.66
2010 10.73
2011 10.01
2012 14.46
2013 15.43
2014 15.28
2015 14.47
2016 17.70
2017 19.25
2018 21.34
2019 19.75
2020 11.32

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