Lesotho - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Lesotho was 21.83 as of 2019. Its highest value over the past 44 years was 32.82 in 2008, while its lowest value was 6.33 in 1975.
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 |
---|---|
1975 | 6.33 |
1976 | 6.51 |
1977 | 13.59 |
1978 | 23.16 |
1979 | 18.81 |
1980 | 30.78 |
1981 | 22.79 |
2007 | 31.36 |
2008 | 32.82 |
2009 | 25.65 |
2010 | 21.82 |
2011 | 19.23 |
2012 | 19.32 |
2013 | 26.14 |
2014 | 29.86 |
2015 | 26.22 |
2016 | 17.23 |
2017 | 18.81 |
2018 | 21.91 |
2019 | 21.83 |
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