Arab World - Gross savings (% of GDP)

Gross savings (% of GDP) in Arab World was 30.86 as of 2019. Its highest value over the past 14 years was 44.92 in 2008, while its lowest value was 25.50 in 2016.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2005 40.37
2006 41.98
2007 41.62
2008 44.92
2009 31.61
2010 35.90
2011 41.10
2012 39.62
2013 37.82
2014 34.74
2015 25.60
2016 25.50
2017 28.54
2018 31.43
2019 30.86

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts