Gross saving

Domain : Macroeconomic statistics

Circuit : National accounts

Modified : 2024-09-09

Term

Gross saving

Area of use

National accounts

Definition

Gross savings are defined as the difference between gross national income and total consumption (both private and public). This indicator includes the savings of households, businesses and the government before deduction of depreciation of capital assets. Gross savings are an important indicator of an economy's ability to invest in the future and sustain growth.

Source

System of National Accounts (SNA 2008)

Unit of measure

Euro (EUR)

Method of calculation

Gross savings = gross national income - total consumption (both private and public)

Legal basis
Relation to international standards
Related terms

Gross National Income (GNI); Total consumption

Synonyms
Context
Other links
Remarks
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