Austria - Gross savings (current US$)

The latest value for Gross savings (current US$) in Austria was $120,026,000,000 as of 2020. Over the past 15 years, the value for this indicator has fluctuated between $124,005,000,000 in 2008 and $82,362,990,000 in 2005.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2005 $82,362,990,000
2006 $89,907,670,000
2007 $109,711,000,000
2008 $124,005,000,000
2009 $99,794,970,000
2010 $101,305,000,000
2011 $112,646,000,000
2012 $105,524,000,000
2013 $109,631,000,000
2014 $115,011,000,000
2015 $97,988,260,000
2016 $107,347,000,000
2017 $109,918,000,000
2018 $121,979,000,000
2019 $123,526,000,000
2020 $120,026,000,000

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts