Gross Savings (As % of GDP) rose to 0.140% in Argentina in 2017

Gross Savings (As % of GDP) (%)
Economy | Argentina | December 11, 2018
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Gross savings as a share of GDP reached 0.140 % in 2017 in Argentina, according to the National Statistical Office. This is 12.8 % more than in the previous year.

Historically, gross savings as a share of GDP in Argentina reached an all time high of 0.340 % in 1976 and an all time low of 0.124 % in 2016. When compared to Argentina's main peers, gross savings as a share of GDP in Bolivia amounted to 0.157 %, 0.205 % in Chile, 0.160 % in Paraguay and 0.163 % in Uruguay in 2017.

Argentina has been ranked 147th within the group of 165 countries we follow in terms of gross savings as a share of GDP, 51 places behind the position seen 10 years ago.

Gross savings are calculated as gross national income less total consumption, plus net transfers.

Gross Savings (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Argentina % 0.140 16.3 13.9 13.9 14.6
Bolivia % 0.157 16.1 15.2 14.3 13.4
Brazil % 0.146 14.8 15.0 15.5 16.1
Chile % 0.205 20.5 19.8 20.1 20.3
Paraguay % 0.160 18.3 18.8 19.2 19.3
Peru % 0.203 20.6 20.7 21.1 21.6
Uruguay % 0.163 18.7 19.2 19.7 20.1