Eritrea - Gross savings (current US$)

The latest value for Gross savings (current US$) in Eritrea was $111,752,900 as of 2000. Over the past 8 years, the value for this indicator has fluctuated between $326,697,400 in 1992 and $46,917,020 in 1998.

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
1992 $326,697,400
1993 $193,085,900
1994 $289,205,300
1995 $110,437,400
1996 $131,159,100
1997 $240,976,000
1998 $46,917,020
1999 $119,299,200
2000 $111,752,900

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