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
4.99756112 1984
3.41032533 1985
4.56012327 1986
4.74167857 1987
-0.61281468 1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
8.8931056 2000
1.45340987 2001
19.064773 2002
11.19180615 2003
15.35167943 2004
20.74337269 2005
23.88387515 2006
19.83211586 2007
14.72230913 2008
17.10507615 2009
10.32963671 2010
19.74055754 2011
7.30399385 2012
6.04232108 2013
10.64130218 2014
11.24755509 2015
18.43116887 2016
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