Adjusted savings: gross savings in Kuwait
Kuwait: Adjusted savings: gross savings was 28.5% in 2019. ◆ Volatile
Adjusted savings: gross savings in Kuwait, 1975–2019
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2019, adjusted savings: gross savings in Kuwait stood at 28.5%.
The figure is down 18.8% on the previous year and down 29.4% over ten years.
Over the whole period, adjusted savings: gross savings in Kuwait peaked at 62.4% in 1979 and was at its lowest, -158.4%, in 1991.
That places Kuwait 60th out of 178 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Kuwait, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 61.9% | — |
| 1976 | 62.2% | +0.4% |
| 1977 | 49.4% | -20.6% |
| 1978 | 51.2% | +3.6% |
| 1979 | 62.4% | +22.0% |
| 1980 | 59.3% | -4.9% |
| 1981 | 54.7% | -7.8% |
| 1982 | 37.7% | -31.1% |
| 1983 | 41.3% | +9.5% |
| 1984 | 43.3% | +4.8% |
| 1985 | 36.3% | -16.1% |
| 1986 | 39.4% | +8.5% |
| 1987 | 41.8% | +6.2% |
| 1988 | 36.3% | -13.3% |
| 1989 | 38.5% | +6.0% |
| 1990 | 13.9% | -64.0% |
| 1991 | -158.4% | -1243.3% |
| 1992 | 18.1% | -111.4% |
| 1993 | 26.9% | +48.5% |
| 1994 | 27.9% | +3.6% |
| 1995 | 32.0% | +14.8% |
| 1996 | 34.3% | +7.2% |
| 1997 | 35.3% | +3.0% |
| 1998 | 22.0% | -37.7% |
| 1999 | 26.8% | +21.8% |
| 2000 | 42.1% | +57.0% |
| 2001 | 33.5% | -20.5% |
| 2002 | 26.0% | -22.3% |
| 2003 | 33.9% | +30.5% |
| 2004 | 44.2% | +30.2% |
| 2005 | 53.0% | +20.1% |
| 2006 | 59.2% | +11.6% |
| 2007 | 51.7% | -12.7% |
| 2008 | 54.5% | +5.5% |
| 2009 | 40.3% | -26.1% |
| 2010 | 47.6% | +18.2% |
| 2011 | 54.2% | +13.8% |
| 2012 | 54.1% | -0.2% |
| 2013 | 51.2% | -5.3% |
| 2014 | 45.8% | -10.6% |
| 2015 | 27.8% | -39.2% |
| 2016 | 22.8% | -18.1% |
| 2017 | 30.7% | +34.8% |
| 2018 | 35.1% | +14.1% |
| 2019 | 28.5% | -18.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.4% | 49.4% | 62.4% | 5 |
| 1980s | 42.9% | 36.3% | 59.3% | 10 |
| 1990s | 7.9% | -158.4% | 35.3% | 10 |
| 2000s | 43.8% | 26.0% | 59.2% | 10 |
| 2010s | 39.8% | 22.8% | 54.2% | 10 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate -7.05 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3247 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 10,669 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -12.04 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -12.18 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.51 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0016 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 52.53 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Kuwait?
- Adjusted savings: gross savings in Kuwait was 28.5% in 2019, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Kuwait?
- The highest recorded value was 62.4% in 1979.
- What is the lowest adjusted savings: gross savings recorded in Kuwait?
- The lowest recorded value was -158.4% in 1991.
- How does Kuwait rank for adjusted savings: gross savings?
- Kuwait ranks 60th out of 178 countries with data for 2019.
- Is adjusted savings: gross savings rising or falling in Kuwait?
- Over the last ten years it is down 29.4%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.