Singapore - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Singapore was 47.19 as of 2019. Its highest value over the past 47 years was 51.32 in 2007, while its lowest value was 25.92 in 1973.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1972 26.36
1973 25.92
1974 26.56
1975 29.39
1976 30.24
1977 30.55
1978 32.53
1979 35.58
1980 35.66
1981 38.05
1982 39.20
1983 42.77
1984 44.37
1985 41.23
1986 39.78
1987 38.87
1988 41.93
1989 43.03
1990 44.18
1991 45.66
1992 46.97
1993 45.33
1994 48.03
1995 50.23
1996 49.23
1997 51.30
1998 50.60
1999 48.36
2000 46.66
2001 40.35
2002 39.21
2003 40.47
2004 43.23
2005 46.24
2006 49.51
2007 51.32
2008 46.05
2009 46.26
2010 51.14
2011 50.55
2012 49.45
2013 48.11
2014 49.00
2015 47.27
2016 47.65
2017 49.11
2018 48.59
2019 47.19

Gross savings (current US$)

The latest value for Gross savings (current US$) in Singapore was $138,887,000,000 as of 2020. Over the past 48 years, the value for this indicator has fluctuated between $159,112,000,000 in 2018 and $715,636,700 in 1972.

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
1972 $715,636,700
1973 $937,299,500
1974 $1,349,109,000
1975 $1,670,670,000
1976 $1,903,207,000
1977 $1,998,790,000
1978 $2,439,903,000
1979 $3,295,657,000
1980 $4,024,255,000
1981 $5,082,870,000
1982 $5,986,608,000
1983 $7,394,864,000
1984 $8,707,464,000
1985 $7,962,961,000
1986 $7,396,365,000
1987 $7,918,843,000
1988 $10,492,370,000
1989 $13,028,060,000
1990 $15,807,610,000
1991 $20,448,060,000
1992 $24,497,660,000
1993 $26,889,150,000
1994 $35,440,700,000
1995 $44,427,240,000
1996 $47,066,340,000
1997 $52,365,440,000
1998 $44,021,150,000
1999 $42,203,750,000
2000 $44,554,400,000
2001 $35,991,420,000
2002 $35,560,420,000
2003 $38,471,120,000
2004 $46,720,940,000
2005 $55,758,170,000
2006 $71,593,080,000
2007 $90,418,360,000
2008 $85,883,210,000
2009 $85,161,260,000
2010 $121,323,000,000
2011 $136,349,000,000
2012 $139,438,000,000
2013 $139,996,000,000
2014 $148,909,000,000
2015 $135,664,000,000
2016 $141,741,000,000
2017 $156,089,000,000
2018 $159,112,000,000
2019 $150,942,000,000
2020 $138,887,000,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in Singapore was 191,623,000,000 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 215,543,000,000 in 2017 and a minimum value of 2,183,193,000 in 1972.

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
1972 2,183,193,000
1973 2,636,155,000
1974 3,315,300,000
1975 4,071,255,000
1976 4,513,075,000
1977 4,938,610,000
1978 5,951,900,000
1979 7,494,325,000
1980 8,751,144,000
1981 10,883,440,000
1982 12,647,910,000
1983 15,825,010,000
1984 18,398,870,000
1985 16,985,790,000
1986 16,272,740,000
1987 17,242,490,000
1988 22,096,930,000
1989 26,217,670,000
1990 30,829,580,000
1991 35,324,020,000
1992 39,906,680,000
1993 43,447,500,000
1994 54,132,130,000
1995 62,971,180,000
1996 66,363,540,000
1997 77,752,210,000
1998 73,673,800,000
1999 71,535,360,000
2000 76,811,780,000
2001 64,485,830,000
2002 63,674,480,000
2003 67,024,380,000
2004 78,967,730,000
2005 92,803,900,000
2006 113,754,000,000
2007 136,270,000,000
2008 121,516,000,000
2009 123,867,000,000
2010 165,424,000,000
2011 171,500,000,000
2012 174,255,000,000
2013 175,176,000,000
2014 188,682,000,000
2015 186,511,000,000
2016 195,816,000,000
2017 215,543,000,000
2018 214,611,000,000
2019 205,915,000,000
2020 191,623,000,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Singapore was 46.54 as of 2020. Its highest value over the past 48 years was 51.32 in 2007, while its lowest value was 25.92 in 1973.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

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

See also:

Year Value
1972 26.36
1973 25.92
1974 26.56
1975 29.39
1976 30.24
1977 30.55
1978 32.53
1979 35.58
1980 35.66
1981 38.05
1982 39.20
1983 42.77
1984 44.37
1985 41.23
1986 39.78
1987 38.87
1988 41.93
1989 43.03
1990 44.18
1991 45.66
1992 46.97
1993 45.33
1994 48.03
1995 50.23
1996 49.23
1997 51.30
1998 50.60
1999 48.36
2000 46.66
2001 40.35
2002 39.21
2003 40.47
2004 43.23
2005 46.24
2006 49.51
2007 51.32
2008 46.05
2009 46.26
2010 51.14
2011 50.55
2012 49.45
2013 48.11
2014 49.00
2015 47.27
2016 47.47
2017 49.21
2018 47.86
2019 45.79
2020 46.54

Gross savings (% of GDP)

Gross savings (% of GDP) in Singapore was 40.85 as of 2020. Its highest value over the past 48 years was 52.30 in 1997, while its lowest value was 25.36 in 1973.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

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

See also:

Year Value
1972 26.30
1973 25.36
1974 25.84
1975 29.66
1976 30.08
1977 30.20
1978 32.46
1979 35.45
1980 33.83
1981 35.86
1982 37.22
1983 41.58
1984 44.09
1985 41.57
1986 39.79
1987 37.85
1988 41.36
1989 42.76
1990 43.73
1991 44.97
1992 46.99
1993 44.37
1994 48.09
1995 50.59
1996 48.88
1997 52.30
1998 51.35
1999 48.91
2000 46.37
2001 40.08
2002 38.43
2003 39.40
2004 40.61
2005 43.63
2006 48.17
2007 49.97
2008 44.36
2009 43.86
2010 50.59
2011 48.81
2012 47.25
2013 45.52
2014 47.29
2015 44.05
2016 44.47
2017 45.46
2018 42.32
2019 40.32
2020 40.85

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts