Tonga - Gross savings (current US$)

The latest value for Gross savings (current US$) in Tonga was $76,355,640 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $131,234,900 in 2019 and $11,169,990 in 1981.

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
1981 $11,169,990
1982 $24,734,670
1983 $19,864,820
1984 $15,859,600
1985 $11,771,840
1986 $16,004,480
1987 $21,818,300
1988 $12,169,260
1989 $20,846,450
1990 $29,798,040
1991 $12,066,310
1992 $28,315,610
1993 $28,798,580
1994 $26,751,860
2001 $34,945,410
2002 $35,272,660
2003 $30,841,940
2004 $39,091,740
2005 $32,942,670
2006 $44,825,430
2007 $33,121,310
2008 $29,434,210
2009 $24,732,200
2010 $41,444,430
2011 $67,869,220
2012 $97,193,070
2013 $69,785,230
2014 $66,345,720
2015 $38,877,410
2016 $57,654,910
2017 $95,808,560
2018 $90,475,140
2019 $131,234,900
2020 $76,355,640

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