Azerbaijan - Gross savings
Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Azerbaijan was 30.53 as of 2019. Its highest value over the past 24 years was 55.41 in 2008, while its lowest value was 2.02 in 1996.
Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
Source: World Bank national accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 6.25 |
| 1996 | 2.02 |
| 1997 | 13.85 |
| 1998 | 6.00 |
| 1999 | 9.51 |
| 2000 | 16.51 |
| 2001 | 21.12 |
| 2002 | 20.95 |
| 2003 | 24.93 |
| 2004 | 27.62 |
| 2005 | 44.17 |
| 2006 | 50.77 |
| 2007 | 52.71 |
| 2008 | 55.41 |
| 2009 | 43.24 |
| 2010 | 47.26 |
| 2011 | 49.95 |
| 2012 | 46.67 |
| 2013 | 44.65 |
| 2014 | 41.61 |
| 2015 | 28.59 |
| 2016 | 23.62 |
| 2017 | 29.78 |
| 2018 | 33.47 |
| 2019 | 30.53 |
Gross savings (current US$)
The latest value for Gross savings (current US$) in Azerbaijan was $10,324,310,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $31,712,380,000 in 2013 and $66,842,720 in 1996.
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 |
|---|---|
| 1995 | $176,008,300 |
| 1996 | $66,842,720 |
| 1997 | $547,617,700 |
| 1998 | $294,298,100 |
| 1999 | $663,063,700 |
| 2000 | $1,056,216,000 |
| 2001 | $1,350,623,000 |
| 2002 | $1,416,274,000 |
| 2003 | $1,894,240,000 |
| 2004 | $2,390,797,000 |
| 2005 | $5,259,099,000 |
| 2006 | $9,460,043,000 |
| 2007 | $14,993,140,000 |
| 2008 | $24,398,430,000 |
| 2009 | $17,879,440,000 |
| 2010 | $23,666,500,000 |
| 2011 | $30,861,260,000 |
| 2012 | $30,849,320,000 |
| 2013 | $31,712,380,000 |
| 2014 | $30,659,530,000 |
| 2015 | $14,925,530,000 |
| 2016 | $8,558,115,000 |
| 2017 | $11,861,540,000 |
| 2018 | $15,146,600,000 |
| 2019 | $13,765,090,000 |
| 2020 | $10,324,310,000 |
Gross savings (current LCU)
The value for Gross savings (current LCU) in Azerbaijan was 17,551,320,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 25,749,230,000 in 2018 and a minimum value of 57,504,790 in 1996.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 155,362,600 |
| 1996 | 57,504,790 |
| 1997 | 436,506,100 |
| 1998 | 227,727,800 |
| 1999 | 546,364,500 |
| 2000 | 945,101,800 |
| 2001 | 1,257,835,000 |
| 2002 | 1,376,901,000 |
| 2003 | 1,860,333,000 |
| 2004 | 2,349,436,000 |
| 2005 | 4,971,952,000 |
| 2006 | 8,451,602,000 |
| 2007 | 12,865,610,000 |
| 2008 | 20,045,750,000 |
| 2009 | 14,371,500,000 |
| 2010 | 18,994,730,000 |
| 2011 | 24,371,140,000 |
| 2012 | 24,235,220,000 |
| 2013 | 24,878,360,000 |
| 2014 | 24,046,270,000 |
| 2015 | 15,292,700,000 |
| 2016 | 13,656,180,000 |
| 2017 | 20,416,080,000 |
| 2018 | 25,749,230,000 |
| 2019 | 23,400,650,000 |
| 2020 | 17,551,320,000 |
Gross savings (% of GNI)
Gross savings (% of GNI) in Azerbaijan was 24.37 as of 2020. Its highest value over the past 25 years was 55.66 in 2008, while its lowest value was 2.11 in 1996.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 7.29 |
| 1996 | 2.11 |
| 1997 | 13.85 |
| 1998 | 6.60 |
| 1999 | 13.91 |
| 2000 | 20.40 |
| 2001 | 24.28 |
| 2002 | 23.44 |
| 2003 | 26.96 |
| 2004 | 29.27 |
| 2005 | 44.82 |
| 2006 | 51.22 |
| 2007 | 53.13 |
| 2008 | 55.66 |
| 2009 | 43.58 |
| 2010 | 47.58 |
| 2011 | 50.23 |
| 2012 | 46.93 |
| 2013 | 45.00 |
| 2014 | 41.95 |
| 2015 | 29.05 |
| 2016 | 24.05 |
| 2017 | 30.17 |
| 2018 | 33.77 |
| 2019 | 29.72 |
| 2020 | 24.37 |
Gross savings (% of GDP)
Gross savings (% of GDP) in Azerbaijan was 24.23 as of 2020. Its highest value over the past 25 years was 49.94 in 2008, while its lowest value was 2.10 in 1996.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 7.28 |
| 1996 | 2.10 |
| 1997 | 13.82 |
| 1998 | 6.62 |
| 1999 | 14.47 |
| 2000 | 20.03 |
| 2001 | 23.66 |
| 2002 | 22.71 |
| 2003 | 26.03 |
| 2004 | 27.54 |
| 2005 | 39.70 |
| 2006 | 45.08 |
| 2007 | 45.36 |
| 2008 | 49.94 |
| 2009 | 40.37 |
| 2010 | 44.73 |
| 2011 | 46.79 |
| 2012 | 44.27 |
| 2013 | 42.76 |
| 2014 | 40.75 |
| 2015 | 28.12 |
| 2016 | 22.60 |
| 2017 | 29.03 |
| 2018 | 32.15 |
| 2019 | 28.57 |
| 2020 | 24.23 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
