Timor-Leste - Gross savings (current US$)
The latest value for Gross savings (current US$) in Timor-Leste was $199,390,200 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between $3,470,670,000 in 2011 and $199,390,200 in 2020.
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 |
---|---|
2006 | $722,567,100 |
2007 | $1,215,612,000 |
2008 | $2,418,801,000 |
2009 | $1,590,243,000 |
2010 | $2,270,077,000 |
2011 | $3,470,670,000 |
2012 | $2,960,359,000 |
2013 | $2,563,563,000 |
2014 | $1,533,276,000 |
2015 | $1,090,856,000 |
2016 | $346,663,500 |
2017 | $343,596,700 |
2018 | $245,340,700 |
2019 | $605,435,900 |
2020 | $199,390,200 |
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