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