West Bank and Gaza - Gross savings (current US$)

The latest value for Gross savings (current US$) in West Bank and Gaza was $1,869,961,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $2,888,677,000 in 2019 and ($299,505,300) in 2004.

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
1995 $267,600,000
1996 $208,600,000
1997 $214,500,000
1998 $391,342,800
1999 $390,722,600
2000 $501,635,600
2001 $374,373,500
2002 $442,324,400
2003 $60,743,380
2004 ($299,505,300)
2005 ($50,421,410)
2006 $64,432,920
2007 $956,983,000
2008 $1,961,730,000
2009 $654,814,400
2010 $746,072,900
2011 ($54,370,320)
2012 $850,966,000
2013 $992,199,400
2014 $1,139,187,000
2015 $1,591,436,000
2016 $1,768,149,000
2017 $2,316,984,000
2018 $2,515,464,000
2019 $2,888,677,000
2020 $1,869,961,000

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