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World Development Indicators was updated on February 21, 2024
Quarterly Public Sector Debt was updated on February 14, 2024
ASPIRE - The Atlas of Social Protection: Indicators of Resilience and Equity was updated on February 13, 2024
Quarterly External Debt Statistics GDDS was updated on February 5, 2024
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Adjusted savings: gross savings (% of GNI)
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
World Bank national accounts data files.
Economic Policy & Debt: National accounts: Adjusted savings & income
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.
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.
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