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