Nigeria - Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Nigeria was 33,408,200,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 33,408,200,000,000 in 2020 and a minimum value of 94,276,960,000 in 1985.

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
1981 123,136,000,000
1982 127,501,000,000
1983 121,881,000,000
1984 103,275,000,000
1985 94,276,960,000
1986 111,569,000,000
1987 137,480,000,000
1988 154,784,000,000
1989 285,456,000,000
1990 317,618,000,000
1991 353,315,000,000
1992 484,739,000,000
1993 639,929,000,000
1994 815,818,000,000
1995 1,426,820,000,000
1996 1,733,200,000,000
1997 1,958,190,000,000
1998 1,807,920,000,000
1999 2,552,180,000,000
2000 4,037,100,000,000
2001 3,108,300,000,000
2002 3,913,570,000,000
2003 4,548,990,000,000
2004 6,475,670,000,000
2005 8,138,450,000,000
2006 13,465,700,000,000
2007 8,454,120,000,000
2008 12,162,200,000,000
2009 10,105,400,000,000
2010 13,103,200,000,000
2011 16,036,200,000,000
2012 24,003,800,000,000
2013 16,165,400,000,000
2014 19,638,800,000,000
2015 14,743,100,000,000
2016 13,417,300,000,000
2017 17,774,700,000,000
2018 22,977,100,000,000
2019 28,885,900,000,000
2020 33,408,200,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts