The gross savings of Malta in 2024 amounted to 5 277 million USD, which is 5.11% more than in 2023, when it was 5 021 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 1971, this indicator has increased in 84.51 times. The lowest gross savings recorded in 1973, when it was 57 million USD. The maximum savings value of Malta was in 2021, when it reached 5 335 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.
