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