IDA only - Gross savings (% of GDP)
Gross savings (% of GDP) in IDA only was 27.58 as of 2020. Its highest value over the past 15 years was 27.58 in 2020, while its lowest value was 19.68 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 | 19.68 |
| 2006 | 21.11 |
| 2007 | 20.54 |
| 2008 | 21.18 |
| 2009 | 21.22 |
| 2010 | 21.75 |
| 2011 | 22.65 |
| 2012 | 23.31 |
| 2013 | 23.83 |
| 2014 | 25.23 |
| 2015 | 26.08 |
| 2016 | 26.05 |
| 2017 | 26.34 |
| 2018 | 26.10 |
| 2019 | 27.51 |
| 2020 | 27.58 |
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
