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

Adjusted savings: gross savings (% of GNI) in IDA only was 26.70 as of 2018. Its highest value over the past 39 years was 26.93 in 2017, while its lowest value was 8.90 in 1979.

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
1979 8.90
1980 10.44
1982 12.23
1984 9.55
1985 11.53
1986 12.54
1987 12.85
1988 13.26
1989 14.40
1990 13.64
1991 13.59
1992 14.42
1993 13.94
1994 15.79
1995 15.00
1996 16.05
1997 16.75
1998 18.33
1999 18.15
2000 20.43
2001 21.53
2002 22.45
2003 22.73
2004 21.53
2005 19.67
2006 20.60
2007 22.83
2011 24.25
2012 24.19
2013 24.53
2014 25.40
2015 24.36
2016 25.38
2017 26.93
2018 26.70

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