North Macedonia - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in North Macedonia was $2,065,518,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $2,584,299,000 in 2019 and ($149,088,300) in 1998.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1990 $850,962,900
1991 $858,229,600
1992 $365,079,900
1993 $321,054,700
1994 $353,140,800
1995 $724,326,700
1996 $404,513,600
1997 $635,956
1998 ($149,088,300)
1999 ($111,442,900)
2000 $287,221,200
2001 $158,545,900
2002 $76,301,710
2003 $107,469,700
2004 $90,022,450
2005 $226,525,200
2006 $304,599,400
2007 $487,907,400
2008 $278,639,600
2009 $392,693,100
2010 $580,117,600
2011 $836,385,500
2012 $727,078,300
2013 $1,162,187,000
2014 $1,486,527,000
2015 $1,427,280,000
2016 $1,883,883,000
2017 $2,083,563,000
2018 $2,519,350,000
2019 $2,584,299,000
2020 $2,065,518,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in North Macedonia was 111,836,000,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 142,000,000,000 in 2019 and a minimum value of -8,119,600,000 in 1998.

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
1990 96,329,000
1991 168,213,000
1992 1,858,622,000
1993 7,448,468,000
1994 15,278,000,000
1995 27,438,800,000
1996 16,172,900,000
1997 31,800,000
1998 -8,119,600,000
1999 -6,341,300,000
2000 18,929,000,000
2001 10,787,000,000
2002 4,910,000,000
2003 5,838,000,000
2004 4,448,000,000
2005 11,164,000,000
2006 14,865,000,000
2007 21,824,000,000
2008 11,666,000,000
2009 17,318,000,000
2010 26,967,000,000
2011 36,994,000,000
2012 34,820,000,000
2013 53,920,000,000
2014 69,030,000,000
2015 79,267,000,000
2016 104,992,000,000
2017 113,899,000,000
2018 131,276,000,000
2019 142,000,000,000
2020 111,836,000,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in North Macedonia was 16.84 as of 2020. Its highest value over the past 30 years was 20.50 in 2019, while its lowest value was -3.96 in 1998.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

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

See also:

Year Value
1990 18.11
1991 17.38
1992 14.98
1993 11.97
1994 9.92
1995 15.39
1996 8.71
1997 0.02
1998 -3.96
1999 -2.88
2000 7.61
2001 4.27
2002 1.90
2003 2.17
2004 1.58
2005 3.62
2006 4.44
2007 5.85
2008 2.81
2009 4.18
2010 6.17
2011 7.97
2012 7.46
2013 10.74
2014 13.08
2015 14.18
2016 17.65
2017 18.43
2018 19.86
2019 20.50
2020 16.84

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts