Lower middle income - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Lower middle income was 27.50 as of 2019. Its highest value over the past 41 years was 34.15 in 1981, while its lowest value was 19.62 in 1978.

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 19.62
1979 21.45
1980 20.02
1981 34.15
1982 31.60
1983 28.10
1984 24.24
1985 22.31
1986 19.94
1987 21.66
1988 20.24
1989 23.14
1990 24.41
1991 24.90
1992 24.43
1993 25.37
1994 26.60
1995 26.02
1996 25.86
1997 25.91
1998 24.45
1999 25.14
2000 27.42
2001 25.97
2002 26.31
2003 26.97
2004 29.13
2005 31.51
2006 33.66
2007 31.90
2008 31.76
2009 29.68
2010 31.70
2011 31.06
2012 30.99
2013 28.95
2014 29.00
2015 27.33
2016 26.96
2017 28.05
2018 28.09
2019 27.50

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