IBRD only - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in IBRD only was 33.43 as of 2019. Its highest value over the past 41 years was 34.36 in 2008, while its lowest value was 22.20 in 1986.

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
1978 22.45
1979 23.42
1980 23.30
1981 22.35
1982 22.32
1983 22.63
1984 23.70
1985 24.44
1986 22.20
1987 23.87
1988 24.26
1989 26.45
1990 23.92
1991 23.74
1992 23.83
1993 25.09
1994 26.15
1995 25.17
1996 25.08
1997 24.70
1998 24.18
1999 24.57
2000 25.71
2001 25.83
2002 27.00
2003 28.27
2004 30.26
2005 31.06
2006 32.77
2007 33.55
2008 34.36
2009 32.59
2010 34.13
2011 34.22
2012 33.83
2013 33.07
2014 33.23
2015 33.67
2016 33.07
2017 33.45
2018 34.14
2019 33.43

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