Timor-Leste - Gross savings (% of GDP)

Gross savings (% of GDP) in Timor-Leste was 10.48 as of 2020. Its highest value over the past 14 years was 372.99 in 2008, while its lowest value was 10.48 in 2020.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2006 159.22
2007 223.95
2008 372.99
2009 218.78
2010 257.43
2011 332.95
2012 255.12
2013 183.70
2014 105.94
2015 68.42
2016 21.00
2017 21.27
2018 15.49
2019 29.56
2020 10.48

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts