Macao SAR, China - Gross savings (current US$)

The latest value for Gross savings (current US$) in Macao SAR, China was $26,382,680,000 as of 2019. Over the past 17 years, the value for this indicator has fluctuated between $28,825,240,000 in 2014 and $3,053,201,000 in 2002.

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
2002 $3,053,201,000
2003 $3,649,347,000
2004 $5,217,803,000
2005 $5,981,722,000
2006 $7,200,987,000
2007 $10,737,940,000
2008 $9,665,338,000
2009 $9,941,575,000
2010 $14,732,860,000
2011 $19,953,380,000
2012 $23,098,090,000
2013 $27,522,590,000
2014 $28,825,240,000
2015 $21,920,040,000
2016 $21,795,140,000
2017 $25,380,610,000
2018 $27,769,010,000
2019 $26,382,680,000

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