
Russia: Savings, percent of GDP
* indicates monthly or quarterly data series
Russia |
Savings as percent of GDP |
---|---|
Latest value | 29.48 |
Reference | 2021 |
Measure | percent |
Source | The World Bank |
For that indicator, we provide data for Russia from 1994 to 2021. The average value for Russia during that period was 27.61 percent with a minimum of 19.32 percent in 1998 and a maximum of 36.15 percent in 2000.
The latest value from 2021 is 29.48 percent. For comparison, the world average in 2021 based on 132
countries is 23.47 percent.
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* indicates monthly or quarterly data series
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The savings in Russia 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.