European Union - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in European Union was $3,947,900,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $4,159,860,000,000 in 2018 and $199,728,000,000 in 1970.

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
1970 $199,728,000,000
1971 $218,794,000,000
1972 $261,915,000,000
1973 $342,499,000,000
1974 $378,575,000,000
1975 $398,209,000,000
1976 $417,719,000,000
1977 $463,435,000,000
1978 $571,429,000,000
1979 $682,797,000,000
1980 $731,990,000,000
1981 $600,680,000,000
1982 $576,176,000,000
1983 $565,287,000,000
1984 $562,321,000,000
1985 $578,169,000,000
1986 $840,884,000,000
1987 $1,016,050,000,000
1988 $1,162,220,000,000
1989 $1,212,850,000,000
1990 $1,529,560,000,000
1991 $1,582,390,000,000
1992 $1,686,240,000,000
1993 $1,512,570,000,000
1994 $1,652,940,000,000
1995 $1,982,270,000,000
1996 $1,980,270,000,000
1997 $1,857,750,000,000
1998 $1,950,980,000,000
1999 $1,923,420,000,000
2000 $1,776,010,000,000
2001 $1,808,020,000,000
2002 $1,971,160,000,000
2003 $2,375,400,000,000
2004 $2,782,560,000,000
2005 $2,868,420,000,000
2006 $3,151,550,000,000
2007 $3,787,830,000,000
2008 $4,053,150,000,000
2009 $3,287,440,000,000
2010 $3,317,620,000,000
2011 $3,688,180,000,000
2012 $3,389,360,000,000
2013 $3,580,840,000,000
2014 $3,769,970,000,000
2015 $3,404,910,000,000
2016 $3,519,210,000,000
2017 $3,814,140,000,000
2018 $4,159,860,000,000
2019 $4,142,260,000,000
2020 $3,947,900,000,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in European Union was 25.82 as of 2020. Its highest value over the past 50 years was 27.51 in 1970, while its lowest value was 20.75 in 1982.

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
1970 27.51
1971 26.66
1972 26.44
1973 26.72
1974 26.08
1975 23.55
1976 23.60
1977 23.12
1978 23.39
1979 23.12
1980 22.16
1981 20.86
1982 20.75
1983 20.92
1984 21.60
1985 21.59
1986 22.46
1987 21.94
1988 22.86
1989 23.35
1990 23.54
1991 23.49
1992 22.77
1993 22.37
1994 23.08
1995 23.89
1996 23.49
1997 24.02
1998 24.48
1999 24.27
2000 24.41
2001 24.45
2002 24.38
2003 23.92
2004 24.37
2005 24.08
2006 24.79
2007 25.72
2008 24.87
2009 22.27
2010 22.79
2011 23.40
2012 23.16
2013 23.40
2014 24.09
2015 25.12
2016 25.33
2017 25.83
2018 26.03
2019 26.40
2020 25.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts