Sierra Leone: Savings, percent of GDP
* indicates monthly or quarterly data series
Sierra Leone |
Savings as percent of GDP |
---|---|
Latest value | -3.54 |
Year | 2021 |
Measure | percent |
Data availability | 1977 - 2021 |
Average | 4.62 |
Min - Max | -12.88 - 21.46 |
Source | The World Bank |
The latest value from 2021 is -3.54 percent, a decline from -0.59 percent in 2020. In comparison, the world average is 23.62 percent, based on data from 141 countries. Historically, the average for Sierra Leone from 1977 to 2021 is 4.62 percent. The minimum value, -12.88 percent, was reached in 2013 while the maximum of 21.46 percent was recorded in 2010.
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The savings in Sierra Leone 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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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 7.77 | 2023 | percent |
Share of manufacturing | 1.57 | 2023 | percent |
Share of services | 24.67 | 2023 | percent |
Industry value added | 0.30 | 2023 | billion U.S. dollars |
Manufacturing value added | 0.06 | 2023 | billion U.S. dollars |
Services value added | 0.94 | 2023 | billion U.S. dollars |
Savings, percent of GDP | -3.54 | 2021 | percent |
Savings, in dollars | 0.88 | 2022 | billion U.S. dollars |