Lao PDR | 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
Lao People's Democratic Republic
Records
63
Source
Lao PDR | 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 4.99756112
1985 3.41032533
1986 4.56012327
1987 4.74167857
1988 -0.61281468
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000 8.8931056
2001 1.45340987
2002 19.064773
2003 11.19180615
2004 15.35167943
2005 20.74337269
2006 23.88387515
2007 19.83211586
2008 14.72230913
2009 17.10507615
2010 10.32963671
2011 19.74055754
2012 7.30399385
2013 6.04232108
2014 10.64130218
2015 11.24755509
2016 18.43116887
2017
2018
2019
2020
2021
2022
Lao PDR | 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
Lao People's Democratic Republic
Records
63
Source