Russia: Gross Savings Rate
Russia's Gross Savings Rate was measured at 32.6 % in Jun 2018, compared with 26.7 % in the previous quarter. Russia Gross Savings Rate is updated quarterly, available from Mar 1993 to Jun 2018, with an average rate of 31.2 %. The data reached an all-time high of 42.7 % in Sep 2000 and a record low of 17.9 % in Mar 2009. CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption. Federal State Statistics Service provides Final Consumption in local currency and Nominal GDP in local currency, based on SNA 2008. Gross Domestic Savings Rate prior to Q1 2011 is based on SNA 1993. In the latest reports, Russia's GDP expanded 1.7 % YoY in Jun 2018. Russia's Nominal GDP reached 402.2 USD bn in Jun 2018. Its GDP deflator (implicit price deflator) increased by 10.6 % in Jun 2018. Russia's GDP Per Capita reached 10,742.9 USD in Dec 2017.