Singapore - Gross savings (current US$)

The latest value for Gross savings (current US$) in Singapore was $138,887,000,000 as of 2020. Over the past 48 years, the value for this indicator has fluctuated between $159,112,000,000 in 2018 and $715,636,700 in 1972.

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
1972 $715,636,700
1973 $937,299,500
1974 $1,349,109,000
1975 $1,670,670,000
1976 $1,903,207,000
1977 $1,998,790,000
1978 $2,439,903,000
1979 $3,295,657,000
1980 $4,024,255,000
1981 $5,082,870,000
1982 $5,986,608,000
1983 $7,394,864,000
1984 $8,707,464,000
1985 $7,962,961,000
1986 $7,396,365,000
1987 $7,918,843,000
1988 $10,492,370,000
1989 $13,028,060,000
1990 $15,807,610,000
1991 $20,448,060,000
1992 $24,497,660,000
1993 $26,889,150,000
1994 $35,440,700,000
1995 $44,427,240,000
1996 $47,066,340,000
1997 $52,365,440,000
1998 $44,021,150,000
1999 $42,203,750,000
2000 $44,554,400,000
2001 $35,991,420,000
2002 $35,560,420,000
2003 $38,471,120,000
2004 $46,720,940,000
2005 $55,758,170,000
2006 $71,593,080,000
2007 $90,418,360,000
2008 $85,883,210,000
2009 $85,161,260,000
2010 $121,323,000,000
2011 $136,349,000,000
2012 $139,438,000,000
2013 $139,996,000,000
2014 $148,909,000,000
2015 $135,664,000,000
2016 $141,741,000,000
2017 $156,089,000,000
2018 $159,112,000,000
2019 $150,942,000,000
2020 $138,887,000,000

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