Jordan: Savings, percent of GDP

The latest value from 2007 is 12.84 percent, a decline from 16.88 percent in 2006. In comparison, the world average is 24.95 percent, based on data from 152 countries. Historically, the average for Jordan from 1976 to 2007 is 24.28 percent. The minimum value, 12.84 percent, was reached in 2007 while the maximum of 43.79 percent was recorded in 1980. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in Jordan and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Savings is an amount that represents the part of disposable income (adjusted for thechange in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.