Adjusted savings: gross savings in Lower middle income
Lower middle income: Adjusted savings: gross savings was 27.8% in 2021. ▲ Rising
Adjusted savings: gross savings in Lower middle income, 1976–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Lower middle income is 27.8%, measured in 2021.
That represents a change of up 5.1% on the previous year and down 5.3% over ten years.
Over the whole period, adjusted savings: gross savings in Lower middle income peaked at 32.0% in 2007 and was at its lowest, 15.2%, in 1983.
Lower middle income ranks 16th of 46 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Adjusted savings: gross savings in Lower middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 16.8% | — |
| 1977 | 17.2% | +2.2% |
| 1978 | 16.1% | -6.7% |
| 1979 | 16.8% | +4.8% |
| 1980 | 16.6% | -1.4% |
| 1981 | 17.1% | +3.1% |
| 1982 | 16.1% | -5.7% |
| 1983 | 15.2% | -5.7% |
| 1984 | 19.0% | +24.9% |
| 1985 | 19.0% | +0.2% |
| 1986 | 17.5% | -7.9% |
| 1987 | 18.9% | +7.8% |
| 1988 | 19.1% | +1.2% |
| 1989 | 20.3% | +6.1% |
| 1990 | 22.2% | +9.6% |
| 1991 | 22.0% | -1.0% |
| 1992 | 22.4% | +2.0% |
| 1993 | 22.0% | -1.8% |
| 1994 | 23.6% | +6.9% |
| 1995 | 23.8% | +1.0% |
| 1996 | 24.1% | +1.3% |
| 1997 | 24.4% | +1.4% |
| 1998 | 23.6% | -3.4% |
| 1999 | 23.7% | +0.4% |
| 2000 | 24.8% | +4.5% |
| 2001 | 24.5% | -1.2% |
| 2002 | 25.3% | +3.4% |
| 2003 | 26.6% | +5.0% |
| 2004 | 29.6% | +11.3% |
| 2005 | 30.4% | +2.8% |
| 2006 | 32.0% | +5.2% |
| 2007 | 32.0% | +0.0% |
| 2008 | 31.5% | -1.8% |
| 2009 | 27.8% | -11.5% |
| 2010 | 30.0% | +8.0% |
| 2011 | 29.3% | -2.3% |
| 2012 | 29.3% | -0.3% |
| 2013 | 26.7% | -8.9% |
| 2014 | 26.4% | -0.9% |
| 2015 | 25.7% | -2.7% |
| 2016 | 25.3% | -1.6% |
| 2017 | 26.4% | +4.5% |
| 2018 | 26.7% | +0.9% |
| 2019 | 26.4% | -1.1% |
| 2020 | 26.4% | +0.2% |
| 2021 | 27.8% | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.7% | 16.1% | 17.2% | 4 |
| 1980s | 17.9% | 15.2% | 20.3% | 10 |
| 1990s | 23.2% | 22.0% | 24.4% | 10 |
| 2000s | 28.5% | 24.5% | 32.0% | 10 |
| 2010s | 27.2% | 25.3% | 30.0% | 10 |
| 2020s | 27.1% | 26.4% | 27.8% | 2 |
Countries ranked near Lower middle income
- 13 Mauritania 38.9% compare
- 14 Norway 38.6% compare
- 15 Iran, Islamic Republic of 37.9% compare
- 16 Algeria 37.4% compare
- 17 Gambia 36.6% compare
- 18 Republic of Korea 36.2% compare
- 19 Switzerland 36.0% compare
More economy & growth data for Lower middle income
- Services, value added 61.3% (2025)
- Industry (including construction), value added (constant 2015 US$) 6.97 % change on previous year (2025)
- Industry (including construction), value added 2.29 trillion current US$ (2025)
- Industry (including construction), value added 2.30 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 7.0% (2025)
- Industry (including construction), value added 31.3% (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3146 constant 2015 US$ per US$ of GDP (2025)
- Services, value added 4.48 trillion current US$ (2025)
- Services, value added 4.49 trillion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6149 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Lower middle income?
- Adjusted savings: gross savings in Lower middle income was 27.8% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Lower middle income?
- The highest recorded value was 32.0% in 2007.
- What is the lowest adjusted savings: gross savings recorded in Lower middle income?
- The lowest recorded value was 15.2% in 1983.
- How does Lower middle income rank for adjusted savings: gross savings?
- Lower middle income ranks 16th out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in Lower middle income?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is rising.
- Where does this Lower middle 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.