Saudi Arabia - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Saudi Arabia was 33.25 as of 2019. Its highest value over the past 48 years was 74.76 in 1974, while its lowest value was 8.42 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
1971 43.58
1972 47.14
1973 46.26
1974 74.76
1975 59.36
1976 59.84
1977 48.23
1978 34.74
1979 38.84
1980 51.75
1981 46.82
1982 32.33
1983 22.55
1984 18.74
1985 15.43
1986 12.14
1987 11.98
1988 14.99
1989 12.50
1990 14.63
1991 8.42
1992 16.53
1993 15.21
1994 15.31
1995 19.50
1996 22.15
1997 22.77
1998 16.62
1999 25.29
2000 30.12
2001 27.76
2002 29.07
2003 34.70
2004 41.86
2005 48.25
2006 48.02
2007 48.19
2008 51.84
2009 35.88
2010 42.99
2011 49.87
2012 48.21
2013 43.81
2014 38.09
2015 24.85
2016 26.59
2017 29.91
2018 32.90
2019 33.25

Gross savings (current US$)

The latest value for Gross savings (current US$) in Saudi Arabia was $176,819,000,000 as of 2020. Over the past 49 years, the value for this indicator has fluctuated between $360,103,000,000 in 2012 and $2,491,988,000 in 1971.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 $2,491,988,000
1972 $3,527,216,000
1973 $5,217,419,000
1974 $30,552,610,000
1975 $26,556,630,000
1976 $38,616,100,000
1977 $35,816,580,000
1978 $27,511,740,000
1979 $42,335,220,000
1980 $82,950,540,000
1981 $84,540,590,000
1982 $50,426,200,000
1983 $30,834,750,000
1984 $23,531,730,000
1985 $17,676,360,000
1986 $11,846,720,000
1987 $11,447,070,000
1988 $14,693,590,000
1989 $13,096,940,000
1990 $17,870,750,000
1991 $11,351,530,000
1992 $22,919,930,000
1993 $20,620,900,000
1994 $20,812,590,000
1995 $28,385,560,000
1996 $35,151,030,000
1997 $37,777,830,000
1998 $24,611,510,000
1999 $41,433,910,000
2000 $57,343,830,000
2001 $51,609,280,000
2002 $55,498,250,000
2003 $75,136,420,000
2004 $109,033,000,000
2005 $159,806,000,000
2006 $182,817,000,000
2007 $203,522,000,000
2008 $274,205,000,000
2009 $157,044,000,000
2010 $230,106,000,000
2011 $339,584,000,000
2012 $360,103,000,000
2013 $333,071,000,000
2014 $294,406,000,000
2015 $166,857,000,000
2016 $175,653,000,000
2017 $209,134,000,000
2018 $261,342,000,000
2019 $266,414,000,000
2020 $176,819,000,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in Saudi Arabia was 663,073,000,000 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 1,350,390,000,000 in 2012 and a minimum value of 11,181,050,000 in 1971.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1971 11,181,050,000
1972 14,619,600,000
1973 19,338,890,000
1974 108,462,000,000
1975 93,415,610,000
1976 136,315,000,000
1977 126,257,000,000
1978 93,528,910,000
1979 142,280,000,000
1980 275,952,000,000
1981 285,959,000,000
1982 172,871,000,000
1983 106,534,000,000
1984 82,925,830,000
1985 64,023,760,000
1986 43,868,410,000
1987 42,869,270,000
1988 55,027,500,000
1989 49,048,020,000
1990 66,925,940,000
1991 42,511,480,000
1992 85,835,130,000
1993 77,225,270,000
1994 77,943,150,000
1995 106,304,000,000
1996 131,641,000,000
1997 141,478,000,000
1998 92,293,170,000
1999 155,377,000,000
2000 215,039,000,000
2001 193,535,000,000
2002 208,118,000,000
2003 281,762,000,000
2004 408,875,000,000
2005 598,809,000,000
2006 684,651,000,000
2007 762,699,000,000
2008 1,028,270,000,000
2009 588,915,000,000
2010 862,899,000,000
2011 1,273,440,000,000
2012 1,350,390,000,000
2013 1,249,020,000,000
2014 1,104,020,000,000
2015 625,715,000,000
2016 658,697,000,000
2017 784,251,000,000
2018 980,033,000,000
2019 999,051,000,000
2020 663,073,000,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Saudi Arabia was 24.71 as of 2020. Its highest value over the past 49 years was 74.76 in 1974, while its lowest value was 8.42 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 43.58
1972 47.14
1973 46.26
1974 74.76
1975 59.36
1976 59.84
1977 48.23
1978 34.74
1979 38.84
1980 51.75
1981 46.82
1982 32.33
1983 22.55
1984 18.74
1985 15.43
1986 12.14
1987 11.98
1988 14.99
1989 12.50
1990 14.63
1991 8.42
1992 16.53
1993 15.21
1994 15.31
1995 19.50
1996 22.15
1997 22.77
1998 16.62
1999 25.29
2000 30.12
2001 27.76
2002 29.07
2003 34.70
2004 41.86
2005 48.25
2006 48.02
2007 48.19
2008 51.84
2009 35.88
2010 42.99
2011 49.87
2012 48.21
2013 43.81
2014 38.09
2015 24.85
2016 26.59
2017 29.91
2018 32.90
2019 33.27
2020 24.71

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts