Nominal Gross National Saving for Chad
TCDNGSGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.63
Year-over-Year Change
-18.74%
Date Range
1/1/2000 - 1/1/2026
Summary
This series measures the nominal gross national saving as a percentage of GDP for Chad. It is an important 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
Nominal gross national saving represents the portion of national income that is not consumed by households, businesses, or the government. It is a key metric for economists and policymakers to assess a country's financial health and capacity for investment.
Methodology
This data is collected and calculated by the World Bank using national accounts data.
Historical Context
Trends in gross national saving are closely monitored by international economic institutions and investors to gauge a country's economic performance and prospects.
Key Facts
- Chad's nominal gross national saving averaged 13.3% of GDP from 2010 to 2020.
- Gross national saving provides resources for domestic investment and can drive economic growth.
- High national saving levels are associated with economic stability and development.
FAQs
Q: What does this economic trend measure?
A: This series measures the nominal gross national saving as a percentage of Chad's GDP. Gross national saving represents the portion of national income that is not consumed.
Q: Why is this trend relevant for users or analysts?
A: Trends in gross national saving are an important indicator of a country's ability to invest in future economic growth and development. High saving levels provide resources for domestic investment.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the World Bank using national accounts data.
Q: How is this trend used in economic policy?
A: Gross national saving trends are closely monitored by international economic institutions and investors to gauge a country's economic performance and prospects.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and availability from national statistical agencies, but the World Bank strives to provide the most timely and comprehensive data possible.
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Citation
World Bank, Nominal Gross National Saving for Chad (TCDNGSGDPPT), retrieved from World Development Indicators.