Gross domestic savings (% of GDP)

  • Last Update:June,24,2021 Created:June,24,2021
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Title of the dataset Gross domestic savings (% of GDP)
Provenance of the dataset World Bank national accounts data, and OECD National Accounts data files.
How were the data collected/created? What was the cost? The data is freely available for download from the World Bank DataBank.
Data sharing policy Under particular condition.
Data sharing policy Users are required to agree to comply with all of the terms of the respective licenses.

About data analysis and simulation

Type of data: Check all that apply. Use "Other" to specify other types so that we can include them in further updates. series
Variable labels of dataset (the names of the variables) country|year
Outline of data This dataset is the data of gross domestic savings as the percentage of GDP of countries across the continents ranging from low income to high income countries. It is a timeseries data from 1960 to 2019 (vary depending on the country).
Simulation process Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
Expected outcome of the process (obtained knowledge, analysis results, output of tools) This dataset can be uses to analyze saving and consumption behaviors of people in countries such as Japan, which not only provides better understanding of the overall economy of the country itself but also insights for new businesses. Analysis results will help businesses understand people's saving behaviors and therefore can be used as an effective indicator for decision making such as expansion and creation of new products in the market.
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