Rwanda - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Rwanda was 15.60 as of 2019. Its highest value over the past 9 years was 17.25 in 2011, while its lowest value was 9.55 in 2015.
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 |
---|---|
2010 | 13.57 |
2011 | 17.25 |
2012 | 13.77 |
2013 | 16.57 |
2014 | 12.01 |
2015 | 9.55 |
2016 | 10.93 |
2017 | 15.84 |
2018 | 13.08 |
2019 | 15.60 |
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