Guinea - Gross savings (current US$)

The latest value for Gross savings (current US$) in Guinea was $3,763,852,000 as of 2020. Over the past 34 years, the value for this indicator has fluctuated between $3,763,852,000 in 2020 and ($651,641,000) in 2013.

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
1986 $226,230,700
1987 $248,669,600
1988 $262,610,200
1989 $362,095,000
1990 $512,274,900
1991 $589,266,100
1992 $648,915,100
1993 $772,890,600
1994 $739,891,600
1995 $763,322,400
1996 $618,868,700
1997 $675,695,000
1998 $488,359,400
1999 $534,352,000
2000 $482,527,100
2001 $428,218,100
2002 $368,687,700
2003 $661,216,200
2004 $459,058,400
2005 $274,979,200
2006 $57,815,910
2007 ($231,396,700)
2008 $297,382,800
2009 ($368,037,300)
2010 $451,293,700
2011 $230,202,600
2012 $439,879,800
2013 ($651,641,000)
2014 ($317,090,900)
2015 ($649,386,900)
2016 ($104,821,300)
2017 $1,179,430,000
2018 $988,553,000
2019 $1,135,729,000
2020 $3,763,852,000

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