West Bank and Gaza - Gross savings (% of GDP)

Gross savings (% of GDP) in West Bank and Gaza was 12.02 as of 2020. Its highest value over the past 25 years was 26.83 in 2008, while its lowest value was -6.51 in 2004.

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
1995 8.15
1996 6.12
1997 5.71
1998 9.62
1999 9.15
2000 11.63
2001 9.35
2002 12.44
2003 1.53
2004 -6.51
2005 -0.98
2006 1.20
2007 16.46
2008 26.83
2009 8.10
2010 7.71
2011 -0.49
2012 6.97
2013 7.34
2014 8.14
2015 11.39
2016 11.48
2017 14.37
2018 15.45
2019 16.86
2020 12.02

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