Albania - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Albania was 14.21 as of 2019. Its highest value over the past 35 years was 29.62 in 2005, while its lowest value was -12.68 in 1992.
Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
Source: World Bank national accounts data files.
See also:
Year | Value |
---|---|
1984 | 27.76 |
1985 | 28.39 |
1986 | 28.24 |
1987 | 26.06 |
1988 | 23.72 |
1989 | 26.83 |
1990 | 18.80 |
1991 | -11.17 |
1992 | -12.68 |
1993 | 10.90 |
1994 | 3.09 |
1995 | 16.06 |
1996 | 15.78 |
1997 | 5.45 |
1998 | 16.85 |
1999 | 14.55 |
2000 | 25.17 |
2001 | 28.43 |
2002 | 25.20 |
2003 | 25.85 |
2004 | 28.77 |
2005 | 29.62 |
2006 | 28.24 |
2007 | 23.30 |
2008 | 17.58 |
2009 | 17.61 |
2010 | 20.17 |
2011 | 20.54 |
2012 | 19.78 |
2013 | 17.44 |
2014 | 15.79 |
2015 | 16.66 |
2016 | 16.78 |
2017 | 16.50 |
2018 | 16.83 |
2019 | 14.21 |
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.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts