Guinea | 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 Guinea
Records
63
Source
Guinea | 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
12.31013898 1986
12.96952291 1987
11.65552749 1988
16.00682245 1989
20.34578268 1990
20.68218048 1991
20.64228177 1992
24.18460576 1993
22.35392698 1994
21.12659358 1995
16.37191114 1996
18.3973481 1997
14.07876532 1998
15.79837568 1999
16.51224798 2000
15.61489755 2001
12.63681587 2002
20.65661486 2003
13.63575951 2004
10.34558733 2005
1.38342072 2006
-3.72094061 2007
4.32684022 2008
-5.62000181 2009
6.65982693 2010
3.46078466 2011
5.85252802 2012
-8.17468221 2013
-3.73296979 2014
-7.50653131 2015
-1.24093553 2016
11.47970665 2017
8.64105079 2018
7.43677259 2019
3.1874674 2020
2.16226989 2021
2022
Guinea | 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 Guinea
Records
63
Source