Latvia - Gross savings (current US$)
The latest value for Gross savings (current US$) in Latvia was $8,501,629,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $8,501,629,000 in 2020 and $730,353,200 in 1996.
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 |
|---|---|
| 1995 | $745,323,400 |
| 1996 | $730,353,200 |
| 1997 | $910,334,900 |
| 1998 | $1,143,727,000 |
| 1999 | $946,158,100 |
| 2000 | $1,461,032,000 |
| 2001 | $1,605,188,000 |
| 2002 | $1,931,747,000 |
| 2003 | $2,467,697,000 |
| 2004 | $2,991,788,000 |
| 2005 | $3,978,147,000 |
| 2006 | $4,141,679,000 |
| 2007 | $6,555,431,000 |
| 2008 | $8,326,356,000 |
| 2009 | $8,001,527,000 |
| 2010 | $5,307,789,000 |
| 2011 | $6,165,705,000 |
| 2012 | $6,724,929,000 |
| 2013 | $6,593,956,000 |
| 2014 | $6,989,243,000 |
| 2015 | $6,316,304,000 |
| 2016 | $6,394,459,000 |
| 2017 | $7,103,284,000 |
| 2018 | $7,937,085,000 |
| 2019 | $7,749,244,000 |
| 2020 | $8,501,629,000 |
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
