Adjusted savings: net national savings (current US$)

Net national savings represent the balance of a country's total savings after accounting for the depreciation of its capital assets, specifically the consumption of fixed capital. This measure provides a more nuanced understanding of a nation's economic health by highlighting the resources available for investment and future growth. By subtracting the value of worn-out capital from gross national savings, this indicator reflects the real savings available for sustainable development and infrastructural improvements. Consequently, it serves as a vital metric for policymakers and economists to gauge fiscal prudence and long-term economic viability, revealing a nation's potential to invest in its future while maintaining its existing capital stock. Source: