Cyprus | 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
Republic of Cyprus
Records
63
Source
Cyprus | Adjusted savings: gross savings (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976 16.56399999
1977 19.13409837
1978 18.10315186
1979 23.23071457
1980 22.26739253
1981 22.34570135
1982 21.84507919
1983 19.98597508
1984 23.39108432
1985 23.17061222
1986 27.2144507
1987 26.02374303
1988 24.847166
1989 26.5178503
1990 23.23707477
1991 17.25457763
1992 18.67989988
1993 24.92437593
1994 26.14217737
1995 22.312428
1996 20.36600034
1997 18.61936181
1998 24.29137258
1999 18.91338242
2000 17.72101071
2001 17.06358876
2002 18.44669918
2003 18.88393974
2004 18.32150041
2005 18.16013239
2006 18.16105429
2007 14.06295457
2008 14.42963375
2009 16.22552237
2010 13.52514905
2011 16.25063818
2012 12.50510043
2013 11.65035368
2014 9.84386817
2015 13.42505998
2016 13.99212268
2017 16.22465547
2018 16.01070849
2019 15.11104191
2020 10.81521557
2021 12.41128559
2022

Cyprus | 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
Republic of Cyprus
Records
63
Source