Gross Savings (As % of GNI) fell to -4.76% in Congo in 2016

Gross Savings (As % of GNI) (%)
Economy | Congo | May 17, 2019
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Gross savings as a percentage of GNI reached -4.76 % in 2016 in Congo, according to the National Statistical Office. This is 142 % less than in the previous year.

Historically, gross savings as a percentage of GNI in Congo reached an all time high of 51.2 % in 2000 and an all time low of -4.76 % in 2016. When compared to Congo's main peers, gross savings as a percentage of GNI in Cameroon amounted to 17.5 % and 11.1 % in Dem. Republic of the Congo in 2016.

Congo has been ranked 154th within the group of 156 countries we follow in terms of gross savings as a percentage of GNI, 130 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 GNI) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola % 41.5% 40.5% 34.5% 31.9% 26.4%
Cameroon % 19.1% 18.3% 18.0% 19.2% 16.9%
Central African Republic % ... ... ... ... ... ... ... ... ...
Chad % ... ... ... ... ... ... ... ... ...
Congo % 39.9% 35.0% 25.6% 32.8% 11.3% ...
Dem. Republic of the Congo % 20.2% 8.63% 13.7% 16.8% 14.4%
Equatorial Guinea % ... ... ... ... ... ... ... ... ...
Gabon % 50.7% 48.8% ... ... ... ... ...
Nigeria % 25.4% 33.5% 19.0% 21.8% 16.2%
Sudan % 19.5% 12.9% -24.3% 16.3% 13.9%
Zambia % ... 32.3% 36.3% 34.4% 33.1% 34.6% ...