Azerbaijan - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Azerbaijan was $10,017,470,000 as of 2020. Over the past 28 years, the value for this indicator has fluctuated between $35,460,800,000 in 2013 and ($12,952,870) in 1994.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1992 $82,305,550
1993 $65,440,000
1994 ($12,952,870)
1995 $69,106,150
1996 $9,531,559
1997 $511,980,900
1998 $215,171,900
1999 $394,538,800
2000 $1,077,671,000
2001 $1,418,769,000
2002 $1,539,910,000
2003 $2,011,913,000
2004 $2,715,885,000
2005 $6,286,017,000
2006 $11,405,750,000
2007 $18,818,320,000
2008 $28,368,310,000
2009 $20,427,220,000
2010 $26,325,570,000
2011 $34,699,630,000
2012 $34,844,070,000
2013 $35,460,800,000
2014 $32,864,080,000
2015 $16,400,840,000
2016 $10,776,900,000
2017 $12,697,830,000
2018 $16,674,650,000
2019 $15,112,180,000
2020 $10,017,470,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Azerbaijan was 17,029,700,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 28,346,900,000 in 2018 and a minimum value of -4,067,200 in 1994.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

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

Year Value
1990 87,400
1991 159,300
1992 888,900
1993 1,308,800
1994 -4,067,200
1995 61,000,000
1996 8,200,000
1997 408,100,000
1998 166,500,000
1999 325,100,000
2000 964,300,000
2001 1,321,300,000
2002 1,497,100,000
2003 1,975,900,000
2004 2,668,900,000
2005 5,942,800,000
2006 10,189,900,000
2007 16,148,000,000
2008 23,307,400,000
2009 16,419,400,000
2010 21,128,900,000
2011 27,402,300,000
2012 27,373,500,000
2013 27,819,000,000
2014 25,775,300,000
2015 16,804,300,000
2016 17,196,700,000
2017 21,855,500,000
2018 28,346,900,000
2019 25,690,700,000
2020 17,029,700,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Azerbaijan was 23.51 as of 2020. Its highest value over the past 30 years was 58.07 in 2008, while its lowest value was -1.09 in 1994.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

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

See also:

Year Value
1990 29.81
1991 29.81
1992 18.44
1993 4.17
1994 -1.09
1995 2.86
1996 0.30
1997 12.92
1998 4.84
1999 8.61
2000 20.44
2001 24.86
2002 24.69
2003 27.65
2004 31.29
2005 47.46
2006 54.36
2007 56.94
2008 58.07
2009 46.12
2010 49.76
2011 52.61
2012 50.00
2013 47.81
2014 43.68
2015 30.90
2016 28.46
2017 31.07
2018 35.39
2019 31.37
2020 23.51

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts