Central African Republic - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Central African Republic was 15.47 as of 1994. Its highest value over the past 17 years was 15.47 in 1994, while its lowest value was 0.98 in 1982.

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
1977 7.84
1978 6.91
1979 7.58
1980 1.60
1981 8.10
1982 0.98
1983 7.50
1984 7.17
1985 11.57
1986 8.73
1987 8.51
1988 10.80
1989 12.21
1990 11.05
1991 9.65
1992 9.95
1993 12.71
1994 15.47

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