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Metadata Glossary

CodeNY.GNS.ICTR.ZS
Indicator NameGross savings (% of GDP)
Long definitionGross savings are calculated as gross national income less total consumption, plus net transfers.
SourceWorld Bank national accounts data, and OECD National Accounts data files.
TopicEconomic Policy & Debt: National accounts: Shares of GDP & other
PeriodicityAnnual
Aggregation methodWeighted average
Statistical concept and methodologyGross 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.
License URLhttps://datacatalog.worldbank.org/public-licenses#cc-by
License TypeCC BY-4.0
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