North Macedonia - Gross savings (current US$)

The latest value for Gross savings (current US$) in North Macedonia was $3,230,620,000 as of 2020. Over the past 24 years, the value for this indicator has fluctuated between $4,114,656,000 in 2018 and $146,117,800 in 1998.

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
1996 $566,277,900
1997 $236,717,300
1998 $146,117,800
1999 $280,065,400
2000 $826,246,900
2001 $469,086,200
2002 $524,967,400
2003 $777,207,700
2004 $828,149,400
2005 $1,161,112,000
2006 $1,502,567,000
2007 $1,470,533,000
2008 $1,605,292,000
2009 $1,919,685,000
2010 $2,238,853,000
2011 $2,715,059,000
2012 $2,598,194,000
2013 $2,961,439,000
2014 $3,378,006,000
2015 $2,866,148,000
2016 $3,205,407,000
2017 $3,575,334,000
2018 $4,114,656,000
2019 $3,975,317,000
2020 $3,230,620,000

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