Gross Domestic Savings (GDS) refers to the total savings made within a country through capital formation and investment activities. It is an important measure of the economic health of a nation and indicates how much of the country's income is being saved for future investment. Below are the components and meanings of Gross Domestic Savings:

• Household Savings: This refers to the savings made by households through the accumulation of financial assets like stocks, mutual funds, and other investments. It represents the disposable income of the household which is not used for consumption.
• Corporate Savings: This refers to the savings made by businesses to fund future expansion, develop new products, and innovate. It can take the form of retained earnings or investments made by corporations in various financial instruments.
• Government Savings: The savings made by the government by reducing its spending or increasing its revenue. The savings can be invested in various development projects to boost the GDP.

Gross Domestic Savings is an important economic indicator as it helps to create more job opportunities and improve the standard of living of the country's citizens.