Marshall Islands - Gross savings (current US$)

The latest value for Gross savings (current US$) in Marshall Islands was $38,247,760 as of 2018. Over the past 13 years, the value for this indicator has fluctuated between $60,659,450 in 2015 and $28,617,560 in 2012.

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 $42,040,570
2006 $38,678,280
2007 $41,687,780
2008 $33,503,540
2009 $37,954,440
2010 $43,126,740
2011 $45,042,310
2012 $28,617,560
2013 $33,727,170
2014 $45,234,350
2015 $60,659,450
2016 $60,252,670
2017 $38,156,200
2018 $38,247,760

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