Mongolia - Gross savings (current US$)

The latest value for Gross savings (current US$) in Mongolia was $2,170,943,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $3,404,886,000 in 2012 and $198,088,400 in 2000.

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
1981 $515,530,900
1982 $797,034,800
1983 $573,687,900
1984 $420,414,800
1985 $420,958,600
1986 $393,769,800
1987 $256,418,000
1988 $254,664,200
1989 $533,467,200
1990 $598,825,700
1991 $606,223,800
1992 $480,888,400
1993 $321,206,800
1994 $375,532,400
1995 $563,344,800
1996 $444,526,600
1997 $438,882,100
1998 $347,079,800
1999 $353,573,700
2000 $198,088,400
2001 $227,198,500
2002 $227,400,000
2003 $399,431,700
2004 $670,485,800
2005 $998,224,100
2006 $1,569,012,000
2007 $1,737,692,000
2008 $1,684,799,000
2009 $1,248,112,000
2010 $1,914,591,000
2011 $3,164,952,000
2012 $3,404,886,000
2013 $3,306,588,000
2014 $2,866,577,000
2015 $1,905,727,000
2016 $1,898,157,000
2017 $1,992,882,000
2018 $2,917,748,000
2019 $2,878,013,000
2020 $2,170,943,000

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