Iraq - Gross savings (current US$)

The latest value for Gross savings (current US$) in Iraq was $88,724,710,000 as of 2019. Over the past 14 years, the value for this indicator has fluctuated between $97,105,940,000 in 2013 and $19,943,050,000 in 2005.

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
2005 $19,943,050,000
2006 $26,711,060,000
2007 $34,509,720,000
2008 $69,107,640,000
2009 $30,898,510,000
2010 $49,835,900,000
2011 $79,404,280,000
2012 $90,931,760,000
2013 $97,105,940,000
2014 $86,742,300,000
2015 $41,812,840,000
2016 $40,724,610,000
2017 $60,100,860,000
2018 $91,586,050,000
2019 $88,724,710,000

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