The gross savings of Israel in 2024 amounted to 144 275 million USD, which is 5.68% less than in 2023, when it was 152 961 million USD. It has been falling in this country for already 2 years in a row. Over the entire period of data from World Bank and OECD since 1970, this indicator has increased in 98.48 times. The lowest gross savings recorded in 1970, when it was 1 465 million USD. The maximum savings value of Israel was in 2022, when it reached 160 855 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.
