Adjusted savings: gross savings in Low income
Low income: Adjusted savings: gross savings was 21.4% in 2020. ▲ Rising
Adjusted savings: gross savings in Low income, 2005–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Low income recorded 21.4% for adjusted savings: gross savings in 2020.
Compared with earlier readings it is down 4.5% on the previous year and up 23.1% over ten years.
Over the whole period, adjusted savings: gross savings in Low income peaked at 24.4% in 2017 and was at its lowest, 16.4%, in 2005.
That places Low income 38th out of 46 groups with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Adjusted savings: gross savings in Low income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2005 | 16.4% | — |
| 2006 | 17.8% | +8.7% |
| 2007 | 18.7% | +4.9% |
| 2008 | 17.3% | -7.4% |
| 2010 | 17.4% | +0.4% |
| 2014 | 23.2% | +33.5% |
| 2015 | 21.4% | -7.7% |
| 2016 | 22.1% | +3.5% |
| 2017 | 24.4% | +10.3% |
| 2018 | 22.7% | -6.8% |
| 2019 | 22.4% | -1.6% |
| 2020 | 21.4% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.5% | 16.4% | 18.7% | 4 |
| 2010s | 21.9% | 17.4% | 24.4% | 7 |
| 2020s | 21.4% | 21.4% | 21.4% | 1 |
Countries ranked near Low income
More economy & growth data for Low income
- Services, value added (constant 2015 US$), per unit of GDP 0.3507 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 339.14 current US$ per person (2025)
- Manufacturing, value added 59.60 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.21 % change on previous year (2025)
- Industry (including construction), value added 182.48 billion current US$ (2025)
- Industry (including construction), value added 155.56 billion constant 2015 US$ (2025)
- Industry (including construction), value added 6.9% (2025)
- Industry (including construction), value added 28.4% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9848 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.71 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Low income?
- Adjusted savings: gross savings in Low income was 21.4% in 2020, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Low income?
- The highest recorded value was 24.4% in 2017.
- What is the lowest adjusted savings: gross savings recorded in Low income?
- The lowest recorded value was 16.4% in 2005.
- How does Low income rank for adjusted savings: gross savings?
- Low income ranks 38th out of 46 groups with data for 2020.
- Is adjusted savings: gross savings rising or falling in Low income?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
- Where does this Low income 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.