Venezuela - Gross savings (current US$)

The latest value for Gross savings (current US$) in Venezuela was $43,119,810,000 as of 2014. Over the past 44 years, the value for this indicator has fluctuated between $123,592,000,000 in 2010 and $2,805,139,000 in 1983.

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 $2,821,333,000
1971 $3,060,523,000
1972 $3,230,909,000
1973 $4,421,791,000
1974 $10,232,000,000
1975 $8,510,489,000
1976 $8,553,605,000
1977 $9,077,954,000
1978 $7,733,721,000
1979 $11,443,840,000
1980 $14,335,330,000
1981 $13,247,090,000
1982 $8,204,093,000
1983 $2,805,139,000
1984 $16,349,080,000
1985 $16,226,070,000
1986 $11,862,320,000
1987 $11,518,100,000
1988 $12,281,030,000
1989 $9,696,044,000
1990 $14,361,060,000
1991 $13,084,220,000
1992 $12,203,410,000
1993 $10,626,360,000
1994 $12,764,750,000
1995 $18,198,640,000
1996 $22,360,240,000
1997 $27,437,800,000
1998 $23,699,470,000
1999 $28,125,480,000
2000 $40,374,880,000
2001 $35,743,140,000
2002 $28,166,860,000
2003 $24,881,270,000
2004 $40,101,950,000
2005 $59,134,320,000
2006 $74,683,240,000
2007 $85,549,230,000
2008 $115,513,000,000
2009 $73,917,640,000
2010 $123,592,000,000
2011 $96,662,780,000
2012 $97,719,760,000
2013 $70,593,680,000
2014 $43,119,810,000

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