Nigeria - Gross savings (current US$)
The latest value for Gross savings (current US$) in Nigeria was $98,876,370,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $151,031,000,000 in 2012 and $12,592,440,000 in 1993.
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 |
|---|---|
| 1981 | $143,251,000,000 |
| 1982 | $120,626,000,000 |
| 1983 | $73,473,490,000 |
| 1984 | $44,641,940,000 |
| 1985 | $35,732,090,000 |
| 1986 | $29,301,350,000 |
| 1987 | $27,178,710,000 |
| 1988 | $23,826,240,000 |
| 1989 | $28,317,990,000 |
| 1990 | $31,894,390,000 |
| 1991 | $27,699,040,000 |
| 1992 | $23,374,250,000 |
| 1993 | $12,592,440,000 |
| 1994 | $13,749,450,000 |
| 1995 | $18,306,820,000 |
| 1996 | $19,730,140,000 |
| 1997 | $22,481,920,000 |
| 1998 | $18,165,270,000 |
| 1999 | $27,455,480,000 |
| 2000 | $35,176,110,000 |
| 2001 | $25,215,830,000 |
| 2002 | $27,772,530,000 |
| 2003 | $28,594,330,000 |
| 2004 | $41,124,280,000 |
| 2005 | $63,781,050,000 |
| 2006 | $117,823,000,000 |
| 2007 | $73,898,300,000 |
| 2008 | $108,465,000,000 |
| 2009 | $73,239,500,000 |
| 2010 | $88,017,810,000 |
| 2011 | $102,187,000,000 |
| 2012 | $151,031,000,000 |
| 2013 | $98,103,330,000 |
| 2014 | $122,795,000,000 |
| 2015 | $82,767,220,000 |
| 2016 | $64,120,260,000 |
| 2017 | $68,630,420,000 |
| 2018 | $76,509,160,000 |
| 2019 | $100,578,000,000 |
| 2020 | $98,876,370,000 |
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
