Armenia Savings, percent of GDP
(percent, source: The World Bank)
Armenia Savings as percent of GDP: For that indicator, The World Bank provides data for Armenia from 1993 to 2012. The average value for Armenia during that period was 12.84 percent with a minumum of -8.5 percent in 1995 and a maximum of 34.25 percent in 2006.
The savings in Armenia and other countries is calculated as the difference between income and consumption, expressed as percent of GDP. The global economy explained in our brief and easy guide to the world economy. Savings, percent of GDP rankings around the world. Create and download charts for Armenia Savings, percent of GDP and other indicators with the country comparator.
Armenia Savings, percent of GDP: Compare to other countries
World Bank definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.