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