Montenegro - Gross savings (current US$)
The latest value for Gross savings (current US$) in Montenegro was $249,411,500 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between $980,329,200 in 2019 and ($376,849,700) in 2008.
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 |
---|---|
2007 | ($169,201,600) |
2008 | ($376,849,700) |
2009 | ($31,600,820) |
2010 | $48,337,370 |
2011 | $194,271,400 |
2012 | $209,727,600 |
2013 | $366,948,900 |
2014 | $358,194,200 |
2015 | $369,524,900 |
2016 | $431,518,300 |
2017 | $686,400,600 |
2018 | $820,059,600 |
2019 | $980,329,200 |
2020 | $249,411,500 |
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