Armenia - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Armenia was $1,083,204,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $1,785,682,000 in 2008 and ($256,228,000) in 1995.

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 $746,448,000
1991 $501,039,000
1992 ($161,510,000)
1993 ($127,173,600)
1994 ($76,681,500)
1995 ($256,228,000)
1996 ($186,112,400)
1997 ($241,589,900)
1998 ($211,151,700)
1999 ($152,716,200)
2000 ($247,829,600)
2001 ($185,446,600)
2002 ($68,189,240)
2003 $84,308,620
2004 $138,778,700
2005 $532,478,800
2006 $940,108,000
2007 $1,403,491,000
2008 $1,785,682,000
2009 $274,042,600
2010 $157,369,900
2011 $8,580,382
2012 $340,902,100
2013 $141,957,600
2014 $274,792,600
2015 $946,904,100
2016 $1,080,154,000
2017 $882,018,300
2018 $1,085,388,000
2019 $544,223,900
2020 $1,083,204,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Armenia was 529,697,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 546,364,000,000 in 2008 and a minimum value of -133,711,000,000 in 2000.

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
1990 16,640,000
1991 19,290,000
1992 -39,360,000
1993 -446,570,000
1994 -10,906,990,000
1995 -91,136,010,000
1996 -77,057,970,000
1997 -118,524,000,000
1998 -106,526,000,000
1999 -81,712,310,000
2000 -133,711,000,000
2001 -102,934,000,000
2002 -39,096,300,000
2003 48,795,300,000
2004 74,031,500,000
2005 243,709,000,000
2006 391,123,000,000
2007 480,105,000,000
2008 546,364,000,000
2009 99,555,100,000
2010 58,802,900,000
2011 3,196,200,000
2012 136,962,000,000
2013 58,149,500,000
2014 114,292,000,000
2015 452,543,000,000
2016 519,002,000,000
2017 425,765,000,000
2018 524,229,000,000
2019 261,470,000,000
2020 529,697,000,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Armenia was 8.57 as of 2020. Its highest value over the past 30 years was 33.07 in 1990, while its lowest value was -17.45 in 1995.

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
1990 33.07
1991 24.21
1992 -12.69
1993 -10.59
1994 -5.83
1995 -17.45
1996 -11.65
1997 -14.74
1998 -11.15
1999 -8.28
2000 -12.96
2001 -8.75
2002 -2.87
2003 3.00
2004 3.88
2005 10.87
2006 14.72
2007 15.24
2008 15.31
2009 3.17
2010 1.70
2011 0.08
2012 3.21
2013 1.28
2014 2.37
2015 8.97
2016 10.24
2017 7.65
2018 8.71
2019 4.00
2020 8.57

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts