Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Adjusted savings: gross savings (% of GNI)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
25.60100662 1970
24.98673317 1971
23.91735927 1972
27.04859264 1973
40.18232813 1974
30.87464565 1975
27.04480347 1976
25.00903357 1977
19.65153755 1978
23.68935526 1979
24.11506805 1980
19.8009081 1981
12.39162735 1982
4.28636764 1983
28.21560852 1984
27.16456824 1985
20.17645113 1986
24.81813163 1987
21.00923368 1988
23.55763272 1989
30.02870283 1990
24.74382395 1991
20.80496685 1992
18.2116621 1993
22.57820589 1994
24.11556948 1995
32.49185339 1996
32.90697822 1997
26.67803777 1998
29.14201012 1999
34.88190912 2000
29.57055096 2001
31.2464311 2002
30.55429721 2003
36.8028513 2004
41.26327159 2005
40.92807413 2006
36.74872652 2007
36.4817503 2008
22.59627508 2009
31.82559632 2010
31.33385174 2011
26.32478628 2012
19.64961632 2013
9.04104651 2014
2015
2016
2017
2018
2019
2020
2021
2022
Venezuela, RB | 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
Bolivarian Republic of Venezuela
Records
63
Source