Lebanon - Gross savings (current US$)

The latest value for Gross savings (current US$) in Lebanon was $784,115,300 as of 2020. Over the past 18 years, the value for this indicator has fluctuated between $3,661,992,000 in 2007 and ($3,285,370,000) in 2003.

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
2002 ($811,293,800)
2003 ($3,285,370,000)
2004 $1,367,885,000
2005 $1,606,421,000
2006 $2,264,780,000
2007 $3,661,992,000
2008 $2,345,359,000
2009 $2,633,213,000
2010 $1,897,749,000
2011 $1,078,403,000
2012 ($1,112,438,000)
2013 ($1,160,031,000)
2014 ($1,685,153,000)
2015 $1,190,934,000
2016 $845,523,600
2017 ($690,528,300)
2018 ($2,205,514,000)
2019 ($1,824,904,000)
2020 $784,115,300

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