Heavily indebted poor countries (HIPC) - Gross savings (% of GDP)
Gross savings (% of GDP) in Heavily indebted poor countries (HIPC) was 23.85 as of 2020. Its highest value over the past 15 years was 23.85 in 2020, while its lowest value was 14.91 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 | 14.91 |
2006 | 16.05 |
2007 | 15.05 |
2008 | 15.66 |
2009 | 15.62 |
2010 | 16.60 |
2011 | 17.50 |
2012 | 17.68 |
2013 | 18.60 |
2014 | 21.31 |
2015 | 21.64 |
2016 | 21.85 |
2017 | 22.98 |
2018 | 22.80 |
2019 | 23.27 |
2020 | 23.85 |
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