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