Saudi Arabia - 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

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.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts