Georgia - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Georgia was $723,211,500 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $3,077,266,000 in 2018 and ($1,224,553,000) in 1994.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1990 $1,757,460,000
1991 $1,589,404,000
1992 $210,239,900
1993 ($509,499,600)
1994 ($1,224,553,000)
1995 ($344,581,800)
1996 ($402,807,600)
1997 ($428,290,800)
1998 $173,279,500
1999 $229,950,500
2000 $28,995,040
2001 $350,367,400
2002 $420,896,400
2003 $461,667,500
2004 $584,098,500
2005 $801,897,700
2006 $212,536,500
2007 $395,809,600
2008 ($625,637,200)
2009 ($853,157,800)
2010 $432,811,500
2011 $609,190,700
2012 $1,148,610,000
2013 $1,518,336,000
2014 $1,498,216,000
2015 $1,383,290,000
2016 $2,260,025,000
2017 $2,648,456,000
2018 $3,077,266,000
2019 $2,855,180,000
2020 $723,211,500

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Georgia was 2,248,464,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 8,046,182,000 in 2019 and a minimum value of -1,425,200,000 in 2009.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

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

Year Value
1980 3,500
1981 4,000
1982 4,500
1983 4,600
1984 4,900
1985 4,300
1986 4,000
1987 4,200
1988 3,900
1989 3,700
1990 3,400
1991 4,800
1992 8,500
1993 -3,092,800
1994 -439,526,900
1995 -311,127,100
1996 -503,487,500
1997 -555,707,300
1998 240,826,700
1999 465,538,700
2000 57,308,700
2001 726,311,700
2002 924,162,200
2003 990,600,000
2004 1,119,600,000
2005 1,453,600,000
2006 378,400,000
2007 661,200,000
2008 -932,700,000
2009 -1,425,200,000
2010 771,400,000
2011 1,027,400,000
2012 1,896,700,000
2013 2,525,600,000
2014 2,645,400,000
2015 3,139,100,000
2016 5,348,800,000
2017 6,646,300,000
2018 7,798,100,000
2019 8,046,182,000
2020 2,248,464,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Georgia was 4.56 as of 2020. Its highest value over the past 40 years was 35.00 in 1984, while its lowest value was -48.71 in 1994.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

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

See also:

Year Value
1980 30.97
1981 32.52
1982 34.62
1983 34.85
1984 35.00
1985 30.71
1986 29.20
1987 29.58
1988 26.71
1989 25.69
1990 22.67
1991 25.00
1992 5.70
1993 -18.86
1994 -48.71
1995 -12.79
1996 -13.02
1997 -12.20
1998 4.80
1999 8.21
2000 0.95
2001 10.88
2002 12.39
2003 11.57
2004 11.40
2005 12.51
2006 2.74
2007 3.89
2008 -4.89
2009 -7.92
2010 3.54
2011 4.03
2012 6.97
2013 8.83
2014 8.50
2015 9.25
2016 14.93
2017 16.31
2018 17.48
2019 16.34
2020 4.56

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts