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