Argentina: Savings, percent of GDP
* indicates monthly or quarterly data series
Argentina |
Savings as percent of GDP |
---|---|
Latest value | 15.12 |
Year | 2023 |
Measure | percent |
Data availability | 1976 - 2023 |
Average | 17.74 |
Min - Max | 11.39 - 34.01 |
Source | The World Bank |
The latest value from 2023 is 15.12 percent, a decline from 17.49 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Argentina from 1976 to 2023 is 17.74 percent. The minimum value, 11.39 percent, was reached in 2018 while the maximum of 34.01 percent was recorded in 1976.
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The savings in Argentina and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 25.07 | 2023 | percent |
Share of manufacturing | 16.30 | 2023 | percent |
Share of services | 52.78 | 2023 | percent |
Industry value added | 160.57 | 2023 | billion U.S. dollars |
Manufacturing value added | 104.39 | 2023 | billion U.S. dollars |
Services value added | 338.12 | 2023 | billion U.S. dollars |
Savings, percent of GDP | 15.12 | 2023 | percent |
Savings, in dollars | 96.94 | 2023 | billion U.S. dollars |