India - Gross savings (current US$)
The latest value for Gross savings (current US$) in India was $817,570,000,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $857,848,000,000 in 2019 and $12,898,060,000 in 1975.
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 |
|---|---|
| 1975 | $12,898,060,000 |
| 1976 | $16,399,410,000 |
| 1977 | $18,715,090,000 |
| 1978 | $20,675,030,000 |
| 1979 | $24,125,240,000 |
| 1980 | $27,065,170,000 |
| 1981 | $30,586,760,000 |
| 1982 | $31,725,010,000 |
| 1983 | $33,513,620,000 |
| 1984 | $33,511,590,000 |
| 1985 | $39,058,060,000 |
| 1986 | $39,311,170,000 |
| 1987 | $47,386,950,000 |
| 1988 | $53,851,100,000 |
| 1989 | $59,636,070,000 |
| 1990 | $68,091,090,000 |
| 1991 | $58,774,830,000 |
| 1992 | $66,999,240,000 |
| 1993 | $67,263,070,000 |
| 1994 | $84,931,290,000 |
| 1995 | $97,158,640,000 |
| 1996 | $106,271,000,000 |
| 1997 | $114,573,000,000 |
| 1998 | $109,086,000,000 |
| 1999 | $117,630,000,000 |
| 2000 | $122,340,000,000 |
| 2001 | $127,476,000,000 |
| 2002 | $144,757,000,000 |
| 2003 | $185,172,000,000 |
| 2004 | $236,377,000,000 |
| 2005 | $282,359,000,000 |
| 2006 | $341,883,000,000 |
| 2007 | $450,331,000,000 |
| 2008 | $434,649,000,000 |
| 2009 | $477,946,000,000 |
| 2010 | $608,347,000,000 |
| 2011 | $640,470,000,000 |
| 2012 | $644,449,000,000 |
| 2013 | $636,942,000,000 |
| 2014 | $682,415,000,000 |
| 2015 | $682,697,000,000 |
| 2016 | $707,499,000,000 |
| 2017 | $840,696,000,000 |
| 2018 | $845,920,000,000 |
| 2019 | $857,848,000,000 |
| 2020 | $817,570,000,000 |
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
