Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source
Luxembourg | 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
1998
1999 36.04612462
2000 35.87311105
2001 34.19976478
2002 32.46393898
2003 29.50150801
2004 36.73424915
2005 39.61880673
2006 36.09671274
2007 43.34861025
2008 38.17317193
2009 18.50993217
2010 26.39112662
2011 26.83904461
2012 33.1297912
2013 31.21037861
2014 33.21231457
2015 27.6730362
2016 29.54129112
2017 30.29560337
2018 28.58405288
2019 24.88263993
2020 29.0004839
2021 32.77231977
2022

Luxembourg | 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
Grand Duchy of Luxembourg
Records
63
Source