Italy - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Italy was 20.87 as of 2019. Its highest value over the past 49 years was 26.85 in 1970, while its lowest value was 17.31 in 2010.
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 |
---|---|
1970 | 26.85 |
1971 | 25.27 |
1972 | 24.56 |
1973 | 24.81 |
1974 | 25.71 |
1975 | 24.00 |
1976 | 25.59 |
1977 | 25.56 |
1978 | 25.98 |
1979 | 25.99 |
1980 | 24.60 |
1981 | 22.54 |
1982 | 22.25 |
1983 | 22.80 |
1984 | 22.89 |
1985 | 22.53 |
1986 | 22.20 |
1987 | 21.99 |
1988 | 22.04 |
1989 | 21.38 |
1990 | 21.37 |
1991 | 20.55 |
1992 | 19.58 |
1993 | 20.27 |
1994 | 20.39 |
1995 | 22.37 |
1996 | 22.59 |
1997 | 22.53 |
1998 | 21.75 |
1999 | 21.07 |
2000 | 20.67 |
2001 | 21.06 |
2002 | 21.16 |
2003 | 20.50 |
2004 | 20.81 |
2005 | 20.25 |
2006 | 20.41 |
2007 | 20.86 |
2008 | 19.16 |
2009 | 17.63 |
2010 | 17.31 |
2011 | 17.69 |
2012 | 17.57 |
2013 | 18.03 |
2014 | 18.84 |
2015 | 18.64 |
2016 | 20.10 |
2017 | 20.48 |
2018 | 20.79 |
2019 | 20.87 |
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