Nigeria - Gross savings (current LCU)

The value for Gross savings (current LCU) in Nigeria was 35,281,400,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 35,281,400,000,000 in 2020 and a minimum value of 91,009,620,000 in 1985.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

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

Year Value
1981 121,334,000,000
1982 125,934,000,000
1983 120,129,000,000
1984 100,757,000,000
1985 91,009,620,000
1986 105,924,000,000
1987 126,245,000,000
1988 151,463,000,000
1989 266,982,000,000
1990 291,961,000,000
1991 332,749,000,000
1992 443,096,000,000
1993 570,438,000,000
1994 718,821,000,000
1995 1,288,070,000,000
1996 1,578,410,000,000
1997 1,824,180,000,000
1998 1,598,540,000,000
1999 2,535,190,000,000
2000 3,577,320,000,000
2001 2,804,790,000,000
2002 3,348,760,000,000
2003 3,695,030,000,000
2004 5,464,920,000,000
2005 8,372,810,000,000
2006 15,158,100,000,000
2007 9,297,000,000,000
2008 12,765,700,000,000
2009 10,789,800,000,000
2010 13,298,600,000,000
2011 15,930,000,000,000
2012 23,989,700,000,000
2013 15,623,100,000,000
2014 20,246,700,000,000
2015 16,182,300,000,000
2016 16,254,000,000,000
2017 20,986,400,000,000
2018 24,865,500,000,000
2019 32,687,800,000,000
2020 35,281,400,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts