Montenegro - Gross savings (current US$)

The latest value for Gross savings (current US$) in Montenegro was $249,411,500 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between $980,329,200 in 2019 and ($376,849,700) in 2008.

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
2007 ($169,201,600)
2008 ($376,849,700)
2009 ($31,600,820)
2010 $48,337,370
2011 $194,271,400
2012 $209,727,600
2013 $366,948,900
2014 $358,194,200
2015 $369,524,900
2016 $431,518,300
2017 $686,400,600
2018 $820,059,600
2019 $980,329,200
2020 $249,411,500

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