Papua New Guinea - Gross savings (current US$)

The latest value for Gross savings (current US$) in Papua New Guinea was $1,194,687,000 as of 2004. Over the past 28 years, the value for this indicator has fluctuated between $1,629,513,000 in 1995 and $279,240,400 in 1982.

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
1976 $311,633,900
1977 $492,228,100
1978 $522,798,100
1979 $651,992,400
1980 $490,051,700
1981 $285,992,100
1982 $279,240,400
1983 $366,260,900
1984 $456,489,900
1985 $299,141,600
1986 $408,474,500
1987 $425,971,100
1988 $670,035,100
1989 $389,880,500
1990 $551,307,700
1991 $799,981,600
1992 $907,975,200
1993 $1,267,316,000
1994 $1,544,379,000
1995 $1,629,513,000
1996 $1,351,150,000
1997 $732,224,400
1998 $697,567,500
1999 $656,427,700
2000 $1,143,730,000
2001 $873,426,300
2002 $688,109,600
2003 $1,077,149,000
2004 $1,194,687,000

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