Venezuela, RB | Gross savings (% of GDP)

Gross savings are calculated as gross national income less total consumption, plus net transfers. Statistical concept and methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source
Venezuela, RB | Gross savings (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 24.40365209
1971 23.56679092
1972 23.11469546
1973 25.95620657
1974 39.20166794
1975 30.98706159
1976 27.22384237
1977 25.06981105
1978 19.67053117
1979 23.6878842
1980 24.24927518
1981 19.97226586
1982 12.11173215
1983 4.15230024
1984 27.24310753
1985 26.1856604
1986 19.64274665
1987 23.98154277
1988 20.39144241
1989 22.27641327
1990 29.55064675
1991 24.46670806
1992 20.20386707
1993 17.69115561
1994 21.85046475
1995 23.51013856
1996 31.6972318
1997 31.96255705
1998 25.9489486
1999 28.70623347
2000 34.46699787
2001 29.08217914
2002 30.32164073
2003 29.75493764
2004 35.66095633
2005 40.63935113
2006 40.70429809
2007 37.13654278
2008 36.56020403
2009 22.41370968
2010 31.43295512
2011 30.54288285
2012 25.62897701
2013 19.02767037
2014 8.93935509
2015
2016
2017
2018
2019
2020
2021
2022

Venezuela, RB | Gross savings (% of GDP)

Gross savings are calculated as gross national income less total consumption, plus net transfers. Statistical concept and methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Publisher
The World Bank
Origin
Bolivarian Republic of Venezuela
Records
63
Source