Hong Kong SAR, China - Gross savings (current US$)
The latest value for Gross savings (current US$) in Hong Kong SAR, China was $88,463,520,000 as of 2020. Over the past 22 years, the value for this indicator has fluctuated between $93,077,300,000 in 2018 and $51,690,370,000 in 2002.
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 |
|---|---|
| 1998 | $51,853,130,000 |
| 1999 | $52,077,900,000 |
| 2000 | $54,896,130,000 |
| 2001 | $53,574,770,000 |
| 2002 | $51,690,370,000 |
| 2003 | $53,524,470,000 |
| 2004 | $54,629,020,000 |
| 2005 | $59,810,810,000 |
| 2006 | $67,694,370,000 |
| 2007 | $72,824,940,000 |
| 2008 | $78,991,030,000 |
| 2009 | $67,918,910,000 |
| 2010 | $70,630,440,000 |
| 2011 | $73,811,290,000 |
| 2012 | $70,380,530,000 |
| 2013 | $70,438,270,000 |
| 2014 | $73,489,230,000 |
| 2015 | $76,908,360,000 |
| 2016 | $81,695,760,000 |
| 2017 | $90,949,940,000 |
| 2018 | $93,077,300,000 |
| 2019 | $87,266,340,000 |
| 2020 | $88,463,520,000 |
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
