Singapore - Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Singapore was 256,009,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 281,280,000,000 in 2018 and a minimum value of 15,400,000 in 1961.

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
1960 65,700,000
1961 15,400,000
1962 87,000,000
1963 195,100,000
1964 205,500,000
1965 322,000,000
1966 433,400,000
1967 535,700,000
1968 715,900,000
1969 1,057,100,000
1970 1,235,900,000
1971 1,500,900,000
1972 2,196,200,000
1973 2,871,500,000
1974 3,761,700,000
1975 4,042,300,000
1976 4,710,500,000
1977 5,235,300,000
1978 6,089,300,000
1979 7,652,700,000
1980 10,309,600,000
1981 12,956,700,000
1982 14,793,600,000
1983 17,343,000,000
1984 19,134,100,000
1985 17,102,600,000
1986 16,662,600,000
1987 18,837,800,000
1988 23,339,900,000
1989 27,245,600,000
1990 32,359,600,000
1991 37,315,400,000
1992 40,629,900,000
1993 46,381,000,000
1994 54,995,700,000
1995 63,327,000,000
1996 68,736,500,000
1997 76,502,700,000
1998 73,249,600,000
1999 71,244,800,000
2000 78,908,300,000
2001 67,805,400,000
2002 69,555,400,000
2003 73,236,700,000
2004 92,711,300,000
2005 106,904,000,000
2006 122,772,000,000
2007 147,524,000,000
2008 136,795,000,000
2009 143,928,000,000
2010 176,473,000,000
2011 190,257,000,000
2012 198,532,000,000
2013 203,682,000,000
2014 210,583,000,000
2015 222,948,000,000
2016 234,406,000,000
2017 258,986,000,000
2018 281,280,000,000
2019 276,085,000,000
2020 256,009,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts