Kuwait - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Kuwait was 36.06 as of 2018. Its highest value over the past 43 years was 62.40 in 1979, while its lowest value was -158.42 in 1991.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1975 61.94
1976 62.18
1977 49.38
1978 51.17
1979 62.40
1980 59.34
1981 54.73
1982 37.69
1983 41.28
1984 43.26
1985 36.30
1986 39.40
1987 41.85
1988 36.29
1989 38.48
1990 13.86
1991 -158.42
1992 18.12
1993 26.90
1994 27.86
1995 31.97
1996 34.28
1997 35.32
1998 22.01
1999 26.81
2000 42.09
2001 33.46
2002 26.01
2003 33.93
2004 44.18
2005 53.05
2006 59.21
2007 51.66
2008 54.53
2009 40.29
2010 47.63
2011 54.22
2012 54.10
2013 51.21
2014 45.77
2015 27.83
2016 22.79
2017 30.72
2018 36.06

Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.

Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts