United States - Gross savings (current US$)

The latest value for Gross savings (current US$) in United States was $4,033,210,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $4,178,330,000,000 in 2019 and $231,399,000,000 in 1970.

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
1970 $231,399,000,000
1971 $250,189,000,000
1972 $282,796,000,000
1973 $339,038,000,000
1974 $350,514,000,000
1975 $352,402,000,000
1976 $402,120,000,000
1977 $462,336,000,000
1978 $550,944,000,000
1979 $617,947,000,000
1980 $634,238,000,000
1981 $748,994,000,000
1982 $728,412,000,000
1983 $719,270,000,000
1984 $884,494,000,000
1985 $883,464,000,000
1986 $868,140,000,000
1987 $952,441,000,000
1988 $1,080,350,000,000
1989 $1,114,020,000,000
1990 $1,118,450,000,000
1991 $1,158,350,000,000
1992 $1,152,890,000,000
1993 $1,168,930,000,000
1994 $1,300,920,000,000
1995 $1,432,280,000,000
1996 $1,585,410,000,000
1997 $1,786,890,000,000
1998 $1,937,420,000,000
1999 $2,014,430,000,000
2000 $2,132,040,000,000
2001 $2,077,160,000,000
2002 $2,004,520,000,000
2003 $1,992,420,000,000
2004 $2,162,130,000,000
2005 $2,358,550,000,000
2006 $2,647,110,000,000
2007 $2,515,070,000,000
2008 $2,218,400,000,000
2009 $2,001,130,000,000
2010 $2,301,940,000,000
2011 $2,536,600,000,000
2012 $3,022,660,000,000
2013 $3,204,040,000,000
2014 $3,542,780,000,000
2015 $3,685,610,000,000
2016 $3,550,990,000,000
2017 $3,814,760,000,000
2018 $4,047,410,000,000
2019 $4,178,330,000,000
2020 $4,033,210,000,000

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