Sweden - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Sweden was 28.67 as of 2019. Its highest value over the past 49 years was 31.61 in 2007, while its lowest value was 16.88 in 1993.

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
1970 28.01
1971 27.26
1972 26.70
1973 27.28
1974 26.13
1975 26.87
1976 24.59
1977 21.31
1978 20.82
1979 21.45
1980 22.10
1981 20.51
1982 19.40
1983 21.49
1984 23.90
1985 23.73
1986 24.07
1987 24.16
1988 24.88
1989 25.63
1990 24.63
1991 21.58
1992 18.78
1993 16.88
1994 20.32
1995 23.24
1996 23.19
1997 23.72
1998 24.76
1999 25.70
2000 26.80
2001 27.20
2002 26.36
2003 27.33
2004 27.64
2005 28.00
2006 30.35
2007 31.61
2008 30.97
2009 26.71
2010 28.37
2011 28.45
2012 27.07
2013 26.74
2014 27.00
2015 27.27
2016 26.95
2017 28.00
2018 27.96
2019 28.67

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