North Macedonia | 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
Republic of Macedonia
Records
63
Source
North Macedonia | 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
12.33526703 1996
6.13446898 1997
3.93627774 1998
7.38667883 1999
22.31386722 2000
12.73862191 2001
13.21466092 2002
15.90568058 2003
14.66400368 2004
18.8816122 2005
21.98741967 2006
18.50372795 2007
16.39760718 2008
20.56457872 2009
24.13575938 2010
26.34098197 2011
27.25137093 2012
28.04021823 2013
30.44794414 2014
29.61184459 2015
31.52690655 2016
33.20448482 2017
34.14858001 2018
33.37182002 2019
28.18135709 2020
30.5109605 2021
2022
North Macedonia | 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
Republic of Macedonia
Records
63
Source