Adjusted savings: gross savings in Least developed countries
Least developed countries: Adjusted savings: gross savings was 29.4% in 2021. ▲ Rising
Adjusted savings: gross savings in Least developed countries, 1996–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Least developed countries stood at 29.4%.
The figure is down 0.9% on the previous year and up 3.9% over ten years.
Over the whole period, adjusted savings: gross savings in Least developed countries peaked at 30.1% in 2019 and was at its lowest, 16.1%, in 1996.
That places Least developed countries 14th out of 46 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Adjusted savings: gross savings in Least developed countries, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1996 | 16.1% | — |
| 1997 | 17.3% | +7.7% |
| 1998 | 18.7% | +7.7% |
| 2001 | 20.2% | +8.2% |
| 2002 | 22.7% | +12.3% |
| 2003 | 23.0% | +1.6% |
| 2004 | 25.2% | +9.3% |
| 2005 | 24.9% | -1.2% |
| 2006 | 27.1% | +9.1% |
| 2007 | 27.5% | +1.4% |
| 2008 | 28.1% | +2.1% |
| 2009 | 24.4% | -13.0% |
| 2010 | 27.2% | +11.3% |
| 2011 | 28.3% | +4.1% |
| 2012 | 28.9% | +2.2% |
| 2013 | 27.6% | -4.6% |
| 2014 | 28.0% | +1.5% |
| 2015 | 26.4% | -6.0% |
| 2016 | 27.3% | +3.7% |
| 2017 | 28.5% | +4.3% |
| 2018 | 28.6% | +0.3% |
| 2019 | 30.1% | +5.4% |
| 2020 | 29.7% | -1.4% |
| 2021 | 29.4% | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.4% | 16.1% | 18.7% | 3 |
| 2000s | 24.8% | 20.2% | 28.1% | 9 |
| 2010s | 28.1% | 26.4% | 30.1% | 10 |
| 2020s | 29.6% | 29.4% | 29.7% | 2 |
Countries ranked near Least developed countries
More economy & growth data for Least developed countries
- Manufacturing, value added 185.44 billion constant 2015 US$ (2025)
- Imports of goods and services 28.5% (2025)
- External balance on goods and services -6.8% (2025)
- Trade 43.7% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7802 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 260.34 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.0% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,063 constant 2015 US$ per person (2025)
- Industry (including construction), value added 29.7% (2025)
- Industry (including construction), value added 4.9% (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Least developed countries?
- Adjusted savings: gross savings in Least developed countries was 29.4% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Least developed countries?
- The highest recorded value was 30.1% in 2019.
- What is the lowest adjusted savings: gross savings recorded in Least developed countries?
- The lowest recorded value was 16.1% in 1996.
- How does Least developed countries rank for adjusted savings: gross savings?
- Least developed countries ranks 14th out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in Least developed countries?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
- Where does this Least developed countries data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.