Low & middle income | 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
Low & middle income
Records
63
Source
Low & middle income | 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
23.03021169 1979
1980
22.58789067 1981
24.14923508 1982
24.45491489 1983
24.0421482 1984
24.16672814 1985
22.25993772 1986
23.58876053 1987
24.04688027 1988
26.33866668 1989
23.16113681 1990
22.97514949 1991
23.81511885 1992
25.58600028 1993
25.87003622 1994
25.11524424 1995
25.12262724 1996
24.76437357 1997
24.47299187 1998
24.75721187 1999
25.41828013 2000
25.75197796 2001
27.00971841 2002
28.2980143 2003
30.31204386 2004
30.88228893 2005
32.55212254 2006
33.33505012 2007
34.09094292 2008
32.42152001 2009
33.86525074 2010
34.05304258 2011
33.94031867 2012
33.04021425 2013
33.47801634 2014
33.17995778 2015
32.7014139 2016
33.32701477 2017
34.04653138 2018
33.46634656 2019
34.04802722 2020
35.8589289 2021
2022
Low & middle income | 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
Low & middle income
Records
63
Source