Gross savings in Singapore 2008-2023

The gross savings in Singapore decreased by 3.2 billion U.S. dollars (-1.54 percent) compared to the previous year. Nevertheless, the last two years recorded significantly higher gross savings than the preceding years.
Gross savings are calculated by subtracting the total consumption value from gross national income plus net transfers. Data are in current U.S. dollars.

Find more statistics on other topics about Singapore with key insights such as charges for the use of intellectual property, gross savings as a share of the GDP, and external trade in goods and services as a share of gross domestic product.