Armenia - Gross savings (current US$)
The latest value for Gross savings (current US$) in Armenia was $1,860,599,000 as of 2020. Over the past 27 years, the value for this indicator has fluctuated between $3,254,283,000 in 2008 and ($65,344,310) in 1993.
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 |
|---|---|
| 1993 | ($65,344,310) |
| 1994 | $33,784,190 |
| 1995 | ($31,273,950) |
| 1996 | $28,547,240 |
| 1997 | $64,171,580 |
| 1998 | $14,319,870 |
| 1999 | $52,301,990 |
| 2000 | ($17,720,520) |
| 2001 | $114,651,100 |
| 2002 | $243,465,200 |
| 2003 | $458,724,600 |
| 2004 | $705,123,800 |
| 2005 | $1,191,173,000 |
| 2006 | $1,822,431,000 |
| 2007 | $2,633,066,000 |
| 2008 | $3,254,283,000 |
| 2009 | $1,214,824,000 |
| 2010 | $1,222,428,000 |
| 2011 | $1,125,341,000 |
| 2012 | $1,496,977,000 |
| 2013 | $1,650,061,000 |
| 2014 | $1,541,889,000 |
| 2015 | $1,945,021,000 |
| 2016 | $1,878,738,000 |
| 2017 | $1,947,602,000 |
| 2018 | $1,909,317,000 |
| 2019 | $1,336,812,000 |
| 2020 | $1,860,599,000 |
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
