Armenia Savings, percent of GDP

(percent, source: The World Bank)
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Armenia Savings as percent of GDP: For that indicator, The World Bank provides data for Armenia from 1993 to 2013. The average value for Armenia during that period was 12.19 percent with a minumum of -8.5 percent in 1995 and a maximum of 33.83 percent in 2006.


The savings in Armenia and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

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World Bank definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.