Economy > Savings Stats: compare key data on European Union & United States
Definitions
- Adjusted savings: carbon dioxide damage > % of GNI: Adjusted savings: carbon dioxide damage (% of GNI). Carbon dioxide damage is estimated to be $20 per ton of carbon (the unit damage in 1995 U.S. dollars) times the number of tons of carbon emitted.
- Adjusted savings: consumption of fixed capital > % of GNI: Adjusted savings: consumption of fixed capital (% of GNI). Consumption of fixed capital represents the replacement value of capital used up in the process of production.
- Adjusted savings: gross savings > % of GNI: Adjusted savings: gross savings (% of GNI). Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
- Adjusted savings: mineral depletion > % of GNI: Adjusted savings: mineral depletion (% of GNI). Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.
- Adjusted savings: natural resources depletion > % of GNI: Adjusted savings: natural resources depletion (% of GNI). Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.
- Adjusted savings: net forest depletion > % of GNI: Adjusted savings: net forest depletion (% of GNI). Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth.
- Adjusted savings: net national savings > % of GNI: Adjusted savings: net national savings (% of GNI). Net national savings are equal to gross national savings less the value of consumption of fixed capital.
- Adjusted savings: particulate emission damage > % of GNI: Adjusted savings: particulate emission damage (% of GNI). Particulate emissions damage is calculated as the willingness to pay to avoid mortality attributable to particulate emissions.
- Gross domestic savings > % of GDP: Gross domestic savings (% of GDP). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
- Gross domestic savings > Current US$: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
- Gross domestic savings > Current US$ per capita: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
- Gross domestic savings > Current US$, % of GDP: Gross domestic savings (current US$). Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
- Gross savings > % of GDP: Gross savings (% of GDP). Gross savings are calculated as gross national income less total consumption, plus net transfers.
- Gross savings > % of GNI: Gross savings (% of GNI). Gross savings are calculated as gross national income less total consumption, plus net transfers.
SOURCES: World Bank staff estimates; World Bank national accounts data; The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium; Kiran D. Pandey and others' "The Human Costs of Air Pollution: New Estimates for Developing Countries" (working paper).; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.
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