Cabo Verde - Gross savings (current US$)

The latest value for Gross savings (current US$) in Cabo Verde was $576,073,200 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between $698,536,700 in 2019 and $449,594,800 in 2015.

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
2007 $566,482,200
2008 $667,660,400
2009 $572,229,700
2010 $575,773,800
2011 $634,792,400
2012 $493,117,400
2013 $529,765,300
2014 $482,165,700
2015 $449,594,800
2016 $545,370,300
2017 $540,387,800
2018 $677,370,200
2019 $698,536,700
2020 $576,073,200

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