WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Goldman
Sachs Trust Annual Report dated August 31, 2000 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 542
<NAME> GS Small Cap Value Fund-Class B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-START> SEP-01-1999
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 201,273,518
<INVESTMENTS-AT-VALUE> 219,205,018
<RECEIVABLES> 3,992,783
<ASSETS-OTHER> 3,762
<OTHER-ITEMS-ASSETS> 56,537
<TOTAL-ASSETS> 223,258,100
<PAYABLE-FOR-SECURITIES> 579,757
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 732,408
<TOTAL-LIABILITIES> 1,312,165
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 258,075,908
<SHARES-COMMON-STOCK> 1,303,543
<SHARES-COMMON-PRIOR> 1,940,288
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (13,530)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (54,047,943)
<ACCUM-APPREC-OR-DEPREC> 17,931,500
<NET-ASSETS> 221,945,935
<DIVIDEND-INCOME> 3,051,250
<INTEREST-INCOME> 444,988
<OTHER-INCOME> 0
<EXPENSES-NET> (3,509,768)
<NET-INVESTMENT-INCOME> (13,530)
<REALIZED-GAINS-CURRENT> (8,307,106)
<APPREC-INCREASE-CURRENT> 36,005,585
<NET-CHANGE-FROM-OPS> 27,684,949
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 183,134
<NUMBER-OF-SHARES-REDEEMED> (819,879)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (61,099,110)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (45,740,837)
<GROSS-ADVISORY-FEES> 2,219,510
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,659,355
<AVERAGE-NET-ASSETS> 221,950,968
<PER-SHARE-NAV-BEGIN> 19.27
<PER-SHARE-NII> (0.13)
<PER-SHARE-GAIN-APPREC> 3.26
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.40
<EXPENSE-RATIO> 2.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
