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