Australia | Adjusted savings: gross savings (% of GNI)

Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. Development relevance: Gross savings is used as a starting point for calculating adjusted net savings. Adjusted net saving is an indicator of the sustainability of an economy. 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | Adjusted savings: gross savings (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989 26.41370844
1990 25.32874133
1991 21.70554652
1992 19.07495198
1993 20.88562878
1994 22.36825163
1995 21.37420148
1996 21.66750628
1997 22.57340492
1998 22.33254532
1999 21.30932521
2000 21.84182279
2001 21.36016804
2002 22.39916137
2003 21.70407981
2004 22.1630261
2005 21.79914872
2006 22.59706824
2007 22.4020374
2008 22.8798053
2009 24.92807663
2010 22.72971461
2011 24.30240396
2012 25.13486357
2013 24.58733454
2014 24.30228458
2015 23.17140044
2016 21.22073411
2017 22.41871767
2018 22.44505853
2019 23.15899456
2020 24.22280443
2021 26.0642391
2022

Australia | Adjusted savings: gross savings (% of GNI)

Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. Development relevance: Gross savings is used as a starting point for calculating adjusted net savings. Adjusted net saving is an indicator of the sustainability of an economy. 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.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source