The gross savings of Gabon in 2015 amounted to 5 520 million USD, which is 28.46% less than in 2014, when it was 7 716 million USD. This is the first year of decline after a period of growth. Over the entire period of data from World Bank and OECD since 1978, this indicator has increased in 5.99 times. The lowest gross savings recorded in 1987, when it was 416 million USD. The maximum savings value of Gabon was in 2011, when it reached 7 969 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.
