Greenland - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Greenland was $570,276,200 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $629,271,900 in 2018 and $119,237,400 in 2003.

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
2003 $119,237,400
2004 $122,782,100
2005 $121,562,800
2006 $182,198,800
2007 $178,536,700
2008 $172,024,900
2009 $200,302,200
2010 $250,155,600
2011 $253,879,000
2012 $305,792,000
2013 $257,358,000
2014 $353,977,700
2015 $402,072,000
2016 $546,548,400
2017 $592,921,300
2018 $629,271,900
2019 $570,276,200

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Greenland was 3,803,400,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 3,973,600,000 in 2018 and a minimum value of 729,000,000 in 2005.

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
2003 785,500,000
2004 735,600,000
2005 729,000,000
2006 1,083,500,000
2007 971,900,000
2008 877,000,000
2009 1,073,800,000
2010 1,406,900,000
2011 1,363,000,000
2012 1,771,300,000
2013 1,445,400,000
2014 1,986,700,000
2015 2,705,100,000
2016 3,679,200,000
2017 3,915,000,000
2018 3,973,600,000
2019 3,803,400,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Greenland was 19.12 as of 2019. Its highest value over the past 16 years was 20.79 in 2017, while its lowest value was 6.57 in 2005.

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
2003 7.65
2004 6.74
2005 6.57
2006 9.05
2007 7.94
2008 6.88
2009 7.92
2010 9.99
2011 9.46
2012 11.72
2013 9.59
2014 12.46
2015 16.09
2016 20.19
2017 20.79
2018 20.70
2019 19.12

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts