Armenia - Gross savings (current LCU)

The value for Gross savings (current LCU) in Armenia was 909,850,000,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 995,711,000,000 in 2008 and a minimum value of -11,123,620,000 in 1995.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1993 -229,456,500
1994 4,805,382,000
1995 -11,123,620,000
1996 11,819,700,000
1997 31,482,580,000
1998 7,224,376,000
1999 27,984,700,000
2000 -9,560,680,000
2001 63,638,260,000
2002 139,591,000,000
2003 265,496,000,000
2004 376,148,000,000
2005 545,184,000,000
2006 758,205,000,000
2007 900,717,000,000
2008 995,711,000,000
2009 441,325,000,000
2010 456,773,000,000
2011 419,190,000,000
2012 601,432,000,000
2013 675,907,000,000
2014 641,302,000,000
2015 929,561,000,000
2016 902,711,000,000
2017 940,140,000,000
2018 922,177,000,000
2019 642,265,000,000
2020 909,850,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts