The gross savings of United States in 2024 amounted to 5 294 183 million USD, which is 4.08% more than in 2023, when it was 5 086 518 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 1970, this indicator has increased in 22.36 times. The lowest gross savings recorded in 1970, when it was 236 737 million USD. The maximum savings value of United States was in 2024, when it reached 5 294 183 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.
