Nominal Gross National Saving for Guinea-Bissau
GNBNGSGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.62
Year-over-Year Change
-29.15%
Date Range
1/1/2000 - 1/1/2026
Summary
The Nominal Gross National Saving for Guinea-Bissau measures the total national savings as a percentage of nominal GDP. This metric is a key indicator of a country's ability to invest in future economic growth and development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Gross national saving represents the portion of national income that is not consumed by households, businesses, or the government. It is an important measure of a country's capacity to invest in productive assets and fund economic expansion.
Methodology
The data is calculated by the World Bank using national accounts statistics.
Historical Context
Policymakers and analysts monitor Guinea-Bissau's gross national saving to assess the nation's fiscal health and potential for future investment.
Key Facts
- Gross national saving in Guinea-Bissau averaged 7.6% of GDP from 2000 to 2020.
- Saving rates in Guinea-Bissau are among the lowest in West Africa.
- Low national saving constrains Guinea-Bissau's ability to finance domestic investment.
FAQs
Q: What does this economic trend measure?
A: The Nominal Gross National Saving for Guinea-Bissau measures the total value of national savings as a percentage of the country's nominal gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of Guinea-Bissau's capacity to invest in future economic growth and development. Low national saving rates can constrain a country's ability to finance domestic investment.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor Guinea-Bissau's gross national saving to assess the nation's fiscal health and potential for future investment.
Q: Are there update delays or limitations?
A: The data may have delays in reporting due to the challenges of data collection in Guinea-Bissau.
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Citation
U.S. Federal Reserve, Nominal Gross National Saving for Guinea-Bissau (GNBNGSGDPPT), retrieved from FRED.