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