The gross savings of Albania in 2024 amounted to 5 985 million USD, which is 15.71% more than in 2023, when it was 5 172 million USD. It has been growing in this country for already 4 years in a row. Over the entire period of data from World Bank and OECD since 1984, this indicator has increased in 11.59 times. The lowest gross savings recorded in 1991, when it was -120 million USD. The maximum savings value of Albania was in 2024, when it reached 5 985 million USD. Gross national savings is the total amount of income that a country’s residents save, rather than spend, during the year.
Additional infomation: About indicator
Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
