Gross national savings — all countries

Gross national savings — Melanesia

Gross national savings in Melanesia in 2022 — 7.5%. Since 1980, the indicator has fallen by 8.1 pp.

2022 7.5% −5.7 pp vs 2021
World rank
Period maximum 25.6%2000
Period minimum 6.7%1982

Trend over time

1980–2022 · % of GDP

Gross national savings — Melanesia, 1980–202201020301980198519901995200020052010201520201980: 15.6%1981: 7.9%1982: 6.7%1983: 8.3%1984: 11.5%1985: 9%1986: 15%1987: 13.9%1988: 15.2%1989: 9.5%1990: 12.1%1991: 15.5%1992: 15.7%1993: 18.9%1994: 20.9%1995: 24.9%1996: 21.8%1997: 15%1998: 19.5%1999: 18.7%2000: 25.6%2001: 20.4%2002: 21.2%2003: 25.2%2004: 24.7%2005: 21.3%2006: 18.7%2007: 23.6%2008: 19.2%2009: 19.8%2010: 22%2011: 22.5%2012: 17.8%2013: 18.6%2014: 18.8%2015: 18.6%2016: 17.9%2017: 15.6%2018: 14.6%2019: 9.5%2020: 7.7%2021: 13.2%2022: 7.5%
Change over the period: −8.1 pp Annual average: -0.19 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Melanesia

Melanesia 7.5%
World 27.2%
Gross national savings — Melanesia, by year Melanesia All countries CSV XLSX
Year % Change, pp
2022 7.5 −5.7 pp
2021 13.2 +5.6 pp
2020 7.7 −1.9 pp
2019 9.5 −5.1 pp
2018 14.6 −1 pp
2017 15.6 −2.4 pp
2016 17.9 −0.6 pp
2015 18.6 −0.2 pp
2014 18.8 +0.2 pp
2013 18.6 +0.7 pp
2012 17.8 −4.6 pp
2011 22.5 +0.5 pp
2010 22 +2.1 pp
2009 19.8 +0.7 pp
2008 19.2 −4.4 pp
2007 23.6 +4.8 pp
2006 18.7 −2.5 pp
2005 21.3 −3.4 pp
2004 24.7 −0.6 pp
2003 25.2 +4 pp
2002 21.2 +0.9 pp
2001 20.4 −5.3 pp
2000 25.6 +6.9 pp
1999 18.7 −0.8 pp
1998 19.5 +4.5 pp
1997 15 −6.8 pp
1996 21.8 −3.1 pp
1995 24.9 +4 pp
1994 20.9 +2 pp
1993 18.9 +3.2 pp
1992 15.7 +0.2 pp
1991 15.5 +3.4 pp
1990 12.1 +2.7 pp
1989 9.5 −5.7 pp
1988 15.2 +1.3 pp
1987 13.9 −1.1 pp
1986 15 +6 pp
1985 9 −2.5 pp
1984 11.5 +3.2 pp
1983 8.3 +1.7 pp
1982 6.7 −1.3 pp
1981 7.9 −7.7 pp
1980 15.6

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.