Nigeria - Gross domestic savings
Gross domestic savings (current US$)
The latest value for Gross domestic savings (current US$) in Nigeria was $93,626,750,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $151,120,000,000 in 2012 and $14,126,480,000 in 1993.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1981 | $145,379,000,000 |
| 1982 | $122,127,000,000 |
| 1983 | $74,544,870,000 |
| 1984 | $45,757,530,000 |
| 1985 | $37,014,900,000 |
| 1986 | $30,862,780,000 |
| 1987 | $29,597,450,000 |
| 1988 | $24,348,560,000 |
| 1989 | $30,277,460,000 |
| 1990 | $34,697,190,000 |
| 1991 | $29,411,060,000 |
| 1992 | $25,571,000,000 |
| 1993 | $14,126,480,000 |
| 1994 | $15,604,770,000 |
| 1995 | $20,278,830,000 |
| 1996 | $21,664,940,000 |
| 1997 | $24,133,510,000 |
| 1998 | $20,544,510,000 |
| 1999 | $27,639,520,000 |
| 2000 | $39,697,240,000 |
| 2001 | $27,944,470,000 |
| 2002 | $32,456,720,000 |
| 2003 | $35,202,780,000 |
| 2004 | $48,730,300,000 |
| 2005 | $61,995,750,000 |
| 2006 | $104,668,000,000 |
| 2007 | $67,198,510,000 |
| 2008 | $103,338,000,000 |
| 2009 | $68,593,990,000 |
| 2010 | $86,724,890,000 |
| 2011 | $102,868,000,000 |
| 2012 | $151,120,000,000 |
| 2013 | $101,509,000,000 |
| 2014 | $119,109,000,000 |
| 2015 | $75,406,180,000 |
| 2016 | $52,929,990,000 |
| 2017 | $58,127,430,000 |
| 2018 | $70,698,800,000 |
| 2019 | $88,879,610,000 |
| 2020 | $93,626,750,000 |
Gross domestic savings (current LCU)
The value for Gross domestic savings (current LCU) in Nigeria was 33,408,200,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 33,408,200,000,000 in 2020 and a minimum value of 94,276,960,000 in 1985.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1981 | 123,136,000,000 |
| 1982 | 127,501,000,000 |
| 1983 | 121,881,000,000 |
| 1984 | 103,275,000,000 |
| 1985 | 94,276,960,000 |
| 1986 | 111,569,000,000 |
| 1987 | 137,480,000,000 |
| 1988 | 154,784,000,000 |
| 1989 | 285,456,000,000 |
| 1990 | 317,618,000,000 |
| 1991 | 353,315,000,000 |
| 1992 | 484,739,000,000 |
| 1993 | 639,929,000,000 |
| 1994 | 815,818,000,000 |
| 1995 | 1,426,820,000,000 |
| 1996 | 1,733,200,000,000 |
| 1997 | 1,958,190,000,000 |
| 1998 | 1,807,920,000,000 |
| 1999 | 2,552,180,000,000 |
| 2000 | 4,037,100,000,000 |
| 2001 | 3,108,300,000,000 |
| 2002 | 3,913,570,000,000 |
| 2003 | 4,548,990,000,000 |
| 2004 | 6,475,670,000,000 |
| 2005 | 8,138,450,000,000 |
| 2006 | 13,465,700,000,000 |
| 2007 | 8,454,120,000,000 |
| 2008 | 12,162,200,000,000 |
| 2009 | 10,105,400,000,000 |
| 2010 | 13,103,200,000,000 |
| 2011 | 16,036,200,000,000 |
| 2012 | 24,003,800,000,000 |
| 2013 | 16,165,400,000,000 |
| 2014 | 19,638,800,000,000 |
| 2015 | 14,743,100,000,000 |
| 2016 | 13,417,300,000,000 |
| 2017 | 17,774,700,000,000 |
| 2018 | 22,977,100,000,000 |
| 2019 | 28,885,900,000,000 |
| 2020 | 33,408,200,000,000 |
Gross domestic savings (% of GDP)
Gross domestic savings (% of GDP) in Nigeria was 21.66 as of 2020. Its highest value over the past 39 years was 88.39 in 1981, while its lowest value was 13.08 in 2016.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1981 | 88.39 |
| 1982 | 85.54 |
| 1983 | 76.78 |
| 1984 | 62.27 |
| 1985 | 50.19 |
| 1986 | 56.31 |
| 1987 | 56.19 |
| 1988 | 49.04 |
| 1989 | 68.81 |
| 1990 | 64.21 |
| 1991 | 59.88 |
| 1992 | 53.50 |
| 1993 | 50.90 |
| 1994 | 46.12 |
| 1995 | 46.02 |
| 1996 | 42.42 |
| 1997 | 44.32 |
| 1998 | 37.62 |
| 1999 | 46.55 |
| 2000 | 57.16 |
| 2001 | 37.75 |
| 2002 | 34.03 |
| 2003 | 33.55 |
| 2004 | 35.73 |
| 2005 | 35.20 |
| 2006 | 44.33 |
| 2007 | 24.38 |
| 2008 | 30.44 |
| 2009 | 23.25 |
| 2010 | 23.99 |
| 2011 | 25.40 |
| 2012 | 33.18 |
| 2013 | 19.95 |
| 2014 | 21.79 |
| 2015 | 15.49 |
| 2016 | 13.08 |
| 2017 | 15.47 |
| 2018 | 17.80 |
| 2019 | 19.83 |
| 2020 | 21.66 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
