Adjusted savings: gross savings (% of GNI) - Country Ranking - North America
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: Thematic map, Time series comparison
Rank | Country | Value | Year |
---|---|---|---|
1 | Mexico | 24.40 | 2019 |
2 | Canada | 20.12 | 2019 |
3 | United States | 18.49 | 2019 |
More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |
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