Kuwait - Gross savings (% of GDP)
Gross savings (% of GDP) in Kuwait was 32.27 as of 2019. Its highest value over the past 44 years was 71.30 in 1981, while its lowest value was -236.27 in 1991.
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 |
---|---|
1975 | 67.87 |
1976 | 69.32 |
1977 | 55.54 |
1978 | 59.77 |
1979 | 70.36 |
1980 | 69.38 |
1981 | 71.30 |
1982 | 48.21 |
1983 | 51.23 |
1984 | 53.26 |
1985 | 44.20 |
1986 | 56.44 |
1987 | 52.29 |
1988 | 49.02 |
1989 | 51.81 |
1990 | 19.68 |
1991 | -236.27 |
1992 | 22.90 |
1993 | 31.19 |
1994 | 31.41 |
1995 | 37.71 |
1996 | 39.92 |
1997 | 42.62 |
1998 | 26.99 |
1999 | 31.36 |
2000 | 49.57 |
2001 | 38.16 |
2002 | 28.28 |
2003 | 36.31 |
2004 | 48.74 |
2005 | 58.86 |
2006 | 66.88 |
2007 | 57.25 |
2008 | 58.50 |
2009 | 42.93 |
2010 | 51.52 |
2011 | 57.38 |
2012 | 56.94 |
2013 | 55.11 |
2014 | 50.17 |
2015 | 30.92 |
2016 | 25.45 |
2017 | 35.49 |
2018 | 39.70 |
2019 | 32.27 |
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