Although national saving as a share of GDP remains below the 1960s average, annual GDP growth in recent years reached levels similar to the 1960s average of 4.2 percent.
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The GDP share attributed to national savings is less than it averaged 5 decades ago, however, the annual growth of GDP has achieved approximately the same average as it was in the 1960s.
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The decline of our annual GDP has caused our nation to tighten its collective belt, thus increasing our average national savings to a higher level than it was 5 decades ago.