The Gambia - Gross savings (current US$)

The latest value for Gross savings (current US$) in The Gambia was $606,729,100 as of 2020. Over the past 42 years, the value for this indicator has fluctuated between $606,729,100 in 2020 and ($28,089,970) in 1996.

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
1978 $6,539,022
1979 $23,575,410
1980 $39,428,820
1981 $53,137,990
1982 $42,924,770
1983 $21,433,230
1984 $21,523,900
1985 $51,647,650
1986 $54,487,320
1987 $93,319,460
1988 $80,307,740
1989 $49,599,150
1990 $69,294,380
1991 $60,409,560
1992 $83,594,530
1993 ($1,194,404)
1994 ($17,461,920)
1995 $74,301,270
1996 ($28,089,970)
1997 $60,585,120
2003 $47,697,510
2004 $58,194,700
2005 $36,810,150
2006 $123,825,800
2007 $118,395,100
2008 $5,017,836
2009 $76,971,410
2010 ($5,450,936)
2011 $88,622,340
2012 $222,465,300
2013 $76,865,660
2014 $140,278,500
2015 $260,370,100
2016 $295,622,900
2017 $281,168,700
2018 $261,898,400
2019 $324,322,100
2020 $606,729,100

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