Belarus Gross Savings Rate

Belarus Gross Savings Rate was measured at 35.3 % in Sep 2020, compared with 29.4 % in the previous quarter. Belarus Gross Savings Rate is updated quarterly, available from Mar 1992 to Sep 2020, with an average rate of 27.6 %. The data reached an all-time high of 100.0 % in Sep 1992 and a record low of 4.8 % in Jun 1994. 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 Expenditure. The National Statistical Committee of the Republic of Belarus provides Final Consumption Expenditure in local currency and Nominal GDP in local currency, both based on SNA 2008. Gross Domestic Savings Rate prior to Q1 2009 is based on SNA 1993 and prior to Q1 2000 is sourced from the International Monetary Fund.

In the latest reports, Belarus GDP contracted 3.3 % YoY in Jun 2020. Belarus Nominal GDP reached 13.8 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 9.7 % in Jun 2020. Belarus GDP Per Capita reached 6,698.1 USD in Dec 2019.

View Belarus's Gross Savings Rate from Mar 1992 to Sep 2020 in the chart:

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What was Belarus's Gross Savings Rate in Sep 2020?

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