Hong Kong SAR, China | 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
Hong Kong Special Administrative Region of the People's Republic of China
Records
63
Source
Hong Kong SAR, China | 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
1997
30.11440444 1998
30.78994877 1999
31.72319502 2000
30.91302751 2001
30.87374235 2002
32.33656072 2003
31.63374502 2004
32.76769494 2005
34.17042266 2006
33.34981867 2007
34.02043311 2008
30.80700185 2009
30.25158788 2010
28.91157898 2011
26.41644324 2012
25.07404068 2013
24.70475499 2014
24.40696453 2015
24.83742916 2016
25.54052091 2017
24.56318205 2018
22.88096433 2019
24.45919402 2020
26.98627795 2021
2022
Hong Kong SAR, China | 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
Hong Kong Special Administrative Region of the People's Republic of China
Records
63
Source