Saudi Arabia - Gross savings (% of GDP)
Gross savings (% of GDP) in Saudi Arabia was 25.26 as of 2020. Its highest value over the past 49 years was 67.28 in 1974, while its lowest value was 8.59 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 |
---|---|
1971 | 34.68 |
1972 | 36.50 |
1973 | 34.90 |
1974 | 67.28 |
1975 | 56.78 |
1976 | 60.33 |
1977 | 48.28 |
1978 | 34.28 |
1979 | 37.85 |
1980 | 50.41 |
1981 | 45.87 |
1982 | 32.91 |
1983 | 23.87 |
1984 | 19.67 |
1985 | 17.01 |
1986 | 13.62 |
1987 | 13.36 |
1988 | 16.65 |
1989 | 13.74 |
1990 | 15.19 |
1991 | 8.59 |
1992 | 16.72 |
1993 | 15.51 |
1994 | 15.40 |
1995 | 19.80 |
1996 | 22.15 |
1997 | 22.76 |
1998 | 16.77 |
1999 | 25.62 |
2000 | 30.26 |
2001 | 28.03 |
2002 | 29.27 |
2003 | 34.82 |
2004 | 42.14 |
2005 | 48.65 |
2006 | 48.51 |
2007 | 48.93 |
2008 | 52.75 |
2009 | 36.60 |
2010 | 43.56 |
2011 | 50.59 |
2012 | 48.93 |
2013 | 44.61 |
2014 | 38.92 |
2015 | 25.50 |
2016 | 27.24 |
2017 | 30.37 |
2018 | 33.23 |
2019 | 33.60 |
2020 | 25.26 |
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