Lao PDR - Gross savings (current US$)

The latest value for Gross savings (current US$) in Lao PDR was $2,806,773,000 as of 2016. Over the past 32 years, the value for this indicator has fluctuated between $2,806,773,000 in 2016 and ($3,670,523) in 1988.

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
1984 $87,814,290
1985 $80,711,030
1986 $81,026,180
1987 $51,555,000
1988 ($3,670,523)
2000 $147,661,900
2001 $24,702,530
2002 $322,934,900
2003 $213,758,600
2004 $348,390,700
2005 $553,810,900
2006 $779,663,900
2007 $808,272,300
2008 $764,206,400
2009 $970,027,300
2010 $689,978,900
2011 $1,610,289,000
2012 $700,044,900
2013 $685,110,300
2014 $1,350,743,000
2015 $1,550,456,000
2016 $2,806,773,000

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