Georgia - Gross savings (current US$)

The latest value for Gross savings (current US$) in Georgia was $1,794,105,000 as of 2020. Over the past 23 years, the value for this indicator has fluctuated between $3,756,356,000 in 2018 and ($104,390,800) in 1997.

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
1997 ($104,390,800)
1998 $572,079,400
1999 $572,550,500
2000 $316,196,300
2001 $598,932,500
2002 $647,727,600
2003 $652,719,700
2004 $1,074,146,000
2005 $1,221,735,000
2006 $897,579,900
2007 $1,120,263,000
2008 $375,425,800
2009 $70,746,090
2010 $1,313,886,000
2011 $1,511,963,000
2012 $2,383,802,000
2013 $2,652,733,000
2014 $2,693,736,000
2015 $2,164,143,000
2016 $2,679,701,000
2017 $3,126,115,000
2018 $3,756,356,000
2019 $3,452,249,000
2020 $1,794,105,000

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