Armenia: Savings, percent of GDP

(measure: percent; source: The World Bank)

Armenia: Savings as percent of GDP

: For that indicator, The World Bank provides data for Armenia from 1993 to 2016. The average value for Armenia during that period was 13.1 percent with a minumum of -7.33 percent in 1995 and a maximum of 33.83 percent in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The savings in Armenia 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.