Singapore - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Singapore was $185,554,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $208,541,000,000 in 2018 and $5,030,707 in 1961.

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
1960 $21,462,170
1961 $5,030,707
1962 $28,420,230
1963 $63,733,180
1964 $67,130,540
1965 $105,187,500
1966 $141,578,500
1967 $174,996,700
1968 $233,862,500
1969 $345,322,100
1970 $403,730,600
1971 $490,297,900
1972 $719,900,400
1973 $1,020,978,000
1974 $1,530,764,000
1975 $1,658,788,000
1976 $1,986,463,000
1977 $2,118,868,000
1978 $2,496,229,000
1979 $3,365,304,000
1980 $4,740,918,000
1981 $6,051,140,000
1982 $7,002,225,000
1983 $8,104,206,000
1984 $9,055,418,000
1985 $8,017,721,000
1986 $7,573,565,000
1987 $8,651,511,000
1988 $11,082,570,000
1989 $13,538,860,000
1990 $16,592,110,000
1991 $21,600,810,000
1992 $24,941,620,000
1993 $28,704,670,000
1994 $36,006,090,000
1995 $44,678,280,000
1996 $48,749,290,000
1997 $51,523,910,000
1998 $43,767,690,000
1999 $42,032,330,000
2000 $45,770,480,000
2001 $37,844,170,000
2002 $38,844,740,000
2003 $42,036,910,000
2004 $54,852,270,000
2005 $64,229,690,000
2006 $77,268,430,000
2007 $97,885,810,000
2008 $96,681,810,000
2009 $98,953,800,000
2010 $129,427,000,000
2011 $151,262,000,000
2012 $158,863,000,000
2013 $162,777,000,000
2014 $166,193,000,000
2015 $162,167,000,000
2016 $169,675,000,000
2017 $187,549,000,000
2018 $208,541,000,000
2019 $202,379,000,000
2020 $185,554,000,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Singapore was 256,009,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 281,280,000,000 in 2018 and a minimum value of 15,400,000 in 1961.

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
1960 65,700,000
1961 15,400,000
1962 87,000,000
1963 195,100,000
1964 205,500,000
1965 322,000,000
1966 433,400,000
1967 535,700,000
1968 715,900,000
1969 1,057,100,000
1970 1,235,900,000
1971 1,500,900,000
1972 2,196,200,000
1973 2,871,500,000
1974 3,761,700,000
1975 4,042,300,000
1976 4,710,500,000
1977 5,235,300,000
1978 6,089,300,000
1979 7,652,700,000
1980 10,309,600,000
1981 12,956,700,000
1982 14,793,600,000
1983 17,343,000,000
1984 19,134,100,000
1985 17,102,600,000
1986 16,662,600,000
1987 18,837,800,000
1988 23,339,900,000
1989 27,245,600,000
1990 32,359,600,000
1991 37,315,400,000
1992 40,629,900,000
1993 46,381,000,000
1994 54,995,700,000
1995 63,327,000,000
1996 68,736,500,000
1997 76,502,700,000
1998 73,249,600,000
1999 71,244,800,000
2000 78,908,300,000
2001 67,805,400,000
2002 69,555,400,000
2003 73,236,700,000
2004 92,711,300,000
2005 106,904,000,000
2006 122,772,000,000
2007 147,524,000,000
2008 136,795,000,000
2009 143,928,000,000
2010 176,473,000,000
2011 190,257,000,000
2012 198,532,000,000
2013 203,682,000,000
2014 210,583,000,000
2015 222,948,000,000
2016 234,406,000,000
2017 258,986,000,000
2018 281,280,000,000
2019 276,085,000,000
2020 256,009,000,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Singapore was 54.57 as of 2020. Its highest value over the past 60 years was 55.47 in 2018, while its lowest value was 0.66 in 1961.

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
1960 3.05
1961 0.66
1962 3.44
1963 6.95
1964 7.51
1965 10.79
1966 12.91
1967 14.13
1968 16.40
1969 20.80
1970 21.02
1971 21.66
1972 26.45
1973 27.62
1974 29.32
1975 29.44
1976 31.40
1977 32.01
1978 33.21
1979 36.20
1980 39.85
1981 42.69
1982 43.53
1983 45.57
1984 45.85
1985 41.85
1986 40.75
1987 41.36
1988 43.68
1989 44.44
1990 45.91
1991 47.51
1992 47.84
1993 47.36
1994 48.86
1995 50.88
1996 50.62
1997 51.46
1998 51.05
1999 48.71
2000 47.64
2001 42.15
2002 41.98
2003 43.05
2004 47.68
2005 50.25
2006 51.99
2007 54.10
2008 49.94
2009 50.97
2010 53.97
2011 54.15
2012 53.84
2013 52.92
2014 52.78
2015 52.65
2016 53.23
2017 54.63
2018 55.47
2019 54.06
2020 54.57

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts