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