|
Savings and Investment
To sustain GDP growth rates consistantly above 9% in real terms, with the newer technologies in manufacturing being more capital intensive, more investment will be required than what is possible by domestic savings alone. FDI has doubled in FY07 to US$ 9bn but to achieve most of the country's investment targets, annual inflows need to be about 10% of GDP.
| % to GDP at constant prices |
FY00 |
FY01 |
FY02 |
FY03 |
FY04 |
FY05 |
| By sector |
| Household Savings |
21.3 |
21.2 |
22.0 |
23.1 |
23.5 |
22.0 |
| Private Corporate Sector |
4.5 |
4.1 |
3.6 |
4.1 |
4.4 |
4.8 |
| Public Sector |
-0.9 |
-1.7 |
-2.0 |
-0.7 |
1.0 |
2.2 |
| By types of assets |
| Physical Assets |
10.7 |
11.0 |
11.2 |
12.7 |
12.0 |
11.7 |
| Financial Assets |
10.5 |
10.2 |
10.8 |
10.4 |
11.5 |
10.3 |
| Gross Domestic Savings |
24.9 |
23.6 |
23.6 |
26.5 |
28.9 |
29.1 |
| Net Capital Inflow |
1.1 |
0.6 |
0.2 |
-1.2 |
-1.6 |
1.0 |
| Gross Domestic Investment |
24.3 |
24.0 |
24.8 |
25.3 |
27.2 |
30.1 |
| Errors and Omission |
1.0 |
1.1 |
-2.1 |
0.1 |
1.0 |
1.6 |
| Gross Capital Formation |
23.3 |
23.8 |
22.2 |
25.0 |
27.4 |
30.2 |
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