The gross savings of Gambia in 2024 amounted to 731 million USD, which is 7.73% more than in 2023, when it was 679 million USD. It has been growing in this country for already 2 years in a row. Over the entire period of data from World Bank and OECD since 1978, this indicator has increased in 111.85 times. The lowest gross savings recorded in 1996, when it was -28 million USD. The maximum savings value of Gambia was in 2024, when it reached 731 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.
