Azerbaijan - Gross savings (current US$)
The latest value for Gross savings (current US$) in Azerbaijan was $10,324,310,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $31,712,380,000 in 2013 and $66,842,720 in 1996.
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 |
|---|---|
| 1995 | $176,008,300 |
| 1996 | $66,842,720 |
| 1997 | $547,617,700 |
| 1998 | $294,298,100 |
| 1999 | $663,063,700 |
| 2000 | $1,056,216,000 |
| 2001 | $1,350,623,000 |
| 2002 | $1,416,274,000 |
| 2003 | $1,894,240,000 |
| 2004 | $2,390,797,000 |
| 2005 | $5,259,099,000 |
| 2006 | $9,460,043,000 |
| 2007 | $14,993,140,000 |
| 2008 | $24,398,430,000 |
| 2009 | $17,879,440,000 |
| 2010 | $23,666,500,000 |
| 2011 | $30,861,260,000 |
| 2012 | $30,849,320,000 |
| 2013 | $31,712,380,000 |
| 2014 | $30,659,530,000 |
| 2015 | $14,925,530,000 |
| 2016 | $8,558,115,000 |
| 2017 | $11,861,540,000 |
| 2018 | $15,146,600,000 |
| 2019 | $13,765,090,000 |
| 2020 | $10,324,310,000 |
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
