Georgia | 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
Georgia
Records
63
Source
Georgia | 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
1990
1991
1992
1993
1994
1995
1996
-2.86951839 1997
15.03804289 1998
19.42868136 1999
10.21677125 2000
18.48848877 2001
19.01653789 2002
16.3147927 2003
20.6599657 2004
18.87834398 2005
11.35243859 2006
10.97341855 2007
2.94780485 2008
0.65974567 2009
10.92528236 2010
10.29839717 2011
14.61020539 2012
15.72227307 2013
15.4837311 2014
14.80743234 2015
18.55702301 2016
20.23702737 2017
22.20851335 2018
20.67618704 2019
11.87810997 2020
9.18964631 2021
2022
Georgia | 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
Georgia
Records
63
Source