Luxembourg - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Luxembourg was $37,399,840,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $37,399,840,000 in 2020 and $567,461,800 in 1971.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $621,162,600
1971 $567,461,800
1972 $731,524,200
1973 $1,128,947,000
1974 $1,451,510,000
1975 $975,068,500
1976 $1,112,479,000
1977 $1,082,419,000
1978 $1,429,734,000
1979 $1,656,995,000
1980 $1,712,627,000
1981 $1,300,197,000
1982 $1,256,151,000
1983 $1,294,442,000
1984 $1,350,117,000
1985 $1,342,974,000
1986 $2,192,402,000
1987 $2,589,630,000
1988 $3,146,734,000
1989 $3,659,381,000
1990 $4,635,121,000
1991 $5,090,490,000
1992 $5,873,696,000
1993 $6,325,914,000
1994 $7,167,221,000
1995 $8,312,365,000
1996 $8,354,431,000
1997 $8,156,621,000
1998 $8,291,708,000
1999 $9,556,617,000
2000 $9,646,271,000
2001 $9,378,003,000
2002 $10,042,220,000
2003 $12,468,480,000
2004 $15,269,740,000
2005 $16,983,240,000
2006 $20,856,460,000
2007 $26,403,320,000
2008 $30,219,880,000
2009 $26,416,830,000
2010 $28,012,010,000
2011 $30,559,770,000
2012 $29,522,990,000
2013 $32,848,450,000
2014 $35,248,650,000
2015 $30,935,310,000
2016 $32,161,010,000
2017 $33,244,270,000
2018 $35,501,950,000
2019 $34,595,960,000
2020 $37,399,840,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Luxembourg was 32,743,800,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 32,743,800,000 in 2020 and a minimum value of 687,480,000 in 1971.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 769,931,000
1971 687,480,000
1972 798,166,000
1973 1,090,789,000
1974 1,401,578,000
1975 888,970,000
1976 1,064,642,000
1977 961,729,000
1978 1,116,193,000
1979 1,204,304,000
1980 1,241,483,000
1981 1,196,701,000
1982 1,422,717,000
1983 1,640,705,000
1984 1,933,908,000
1985 1,976,723,000
1986 2,427,866,000
1987 2,396,703,000
1988 2,868,248,000
1989 3,574,483,000
1990 3,839,734,000
1991 4,309,100,000
1992 4,681,336,000
1993 5,425,104,000
1994 5,944,493,000
1995 6,074,676,000
1996 6,412,026,000
1997 7,233,292,000
1998 7,460,879,000
1999 8,966,812,000
2000 10,444,070,000
2001 10,470,850,000
2002 10,620,240,000
2003 11,022,730,000
2004 12,275,680,000
2005 13,651,130,000
2006 16,610,760,000
2007 19,265,770,000
2008 20,547,180,000
2009 18,939,750,000
2010 21,129,710,000
2011 21,954,560,000
2012 22,978,870,000
2013 24,733,080,000
2014 26,532,650,000
2015 27,881,880,000
2016 29,054,950,000
2017 29,428,010,000
2018 30,062,080,000
2019 30,903,750,000
2020 32,743,800,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Luxembourg was 50.99 as of 2020. Its highest value over the past 50 years was 51.69 in 2016, while its lowest value was 25.73 in 1981.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 42.61
1971 37.36
1972 38.47
1973 43.26
1974 45.59
1975 31.22
1976 32.49
1977 28.56
1978 30.30
1979 30.03
1980 28.45
1981 25.73
1982 27.29
1983 28.61
1984 30.42
1985 29.34
1986 32.79
1987 31.12
1988 33.41
1989 36.46
1990 36.27
1991 36.80
1992 37.85
1993 39.72
1994 40.49
1995 39.86
1996 39.98
1997 41.69
1998 41.15
1999 43.64
2000 45.44
2001 43.85
2002 42.46
2003 42.03
2004 43.55
2005 45.08
2006 48.60
2007 51.18
2008 51.36
2009 48.50
2010 49.83
2011 49.53
2012 49.39
2013 50.38
2014 51.23
2015 51.50
2016 51.69
2017 50.59
2018 49.80
2019 49.29
2020 50.99

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts