Adjusted savings: net national savings in Saudi Arabia
Saudi Arabia: Adjusted savings: net national savings was 12.1% in 2020. ◆ Volatile
Adjusted savings: net national savings in Saudi Arabia, 1971–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Saudi Arabia is 12.1%, measured in 2020.
The figure is down 48.8% on the previous year and down 64.9% over ten years.
Over the whole period, adjusted savings: net national savings in Saudi Arabia peaked at 74.1% in 1974 and was at its lowest, -3.1%, in 1991.
That places Saudi Arabia 69th out of 177 countries with data for 2020, 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: net national savings in Saudi Arabia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1971 | 40.7% | — |
| 1972 | 44.2% | +8.5% |
| 1973 | 43.6% | -1.3% |
| 1974 | 74.1% | +70.1% |
| 1975 | 58.2% | -21.4% |
| 1976 | 58.8% | +1.0% |
| 1977 | 46.0% | -21.8% |
| 1978 | 31.1% | -32.4% |
| 1979 | 34.5% | +10.7% |
| 1980 | 47.4% | +37.7% |
| 1981 | 42.0% | -11.5% |
| 1982 | 25.1% | -40.2% |
| 1983 | 13.2% | -47.4% |
| 1984 | 7.7% | -41.6% |
| 1985 | 2.4% | -69.1% |
| 1986 | -0.2% | -106.7% |
| 1987 | -0.8% | +409.2% |
| 1988 | 3.3% | -511.8% |
| 1989 | 0.7% | -79.1% |
| 1990 | 3.4% | +383.6% |
| 1991 | -3.1% | -192.9% |
| 1992 | 7.5% | -340.3% |
| 1993 | 5.0% | -33.6% |
| 1994 | 3.8% | -23.4% |
| 1995 | 8.0% | +109.5% |
| 1996 | 10.7% | +33.1% |
| 1997 | 11.8% | +10.3% |
| 1998 | 4.5% | -62.2% |
| 1999 | 14.7% | +229.1% |
| 2000 | 21.0% | +43.3% |
| 2001 | 17.6% | -16.4% |
| 2002 | 19.9% | +13.0% |
| 2003 | 25.3% | +27.3% |
| 2004 | 31.7% | +25.3% |
| 2005 | 39.6% | +25.1% |
| 2006 | 39.6% | -0.1% |
| 2007 | 39.6% | -0.0% |
| 2008 | 43.6% | +10.3% |
| 2009 | 26.5% | -39.2% |
| 2010 | 34.4% | +29.4% |
| 2011 | 42.5% | +23.8% |
| 2012 | 40.7% | -4.2% |
| 2013 | 35.1% | -13.8% |
| 2014 | 28.9% | -17.6% |
| 2015 | 12.1% | -58.3% |
| 2016 | 14.8% | +23.2% |
| 2017 | 18.8% | +26.7% |
| 2018 | 25.5% | +35.5% |
| 2019 | 23.6% | -7.6% |
| 2020 | 12.1% | -48.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 47.9% | 31.1% | 74.1% | 9 |
| 1980s | 14.1% | -0.8% | 47.4% | 10 |
| 1990s | 6.6% | -3.1% | 14.7% | 10 |
| 2000s | 30.4% | 17.6% | 43.6% | 10 |
| 2010s | 27.6% | 12.1% | 42.5% | 10 |
| 2020s | 12.1% | 12.1% | 12.1% | 1 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 5.27 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3601 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 12,436 current US$ per person (2025)
- General government final consumption expenditure (current US$) -1.71 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2061 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 7,118 current US$ per person (2025)
- General government final consumption expenditure (current LCU) -1.71 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.7729 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Saudi Arabia?
- Adjusted savings: net national savings in Saudi Arabia was 12.1% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Saudi Arabia?
- The highest recorded value was 74.1% in 1974.
- What is the lowest adjusted savings: net national savings recorded in Saudi Arabia?
- The lowest recorded value was -3.1% in 1991.
- How does Saudi Arabia rank for adjusted savings: net national savings?
- Saudi Arabia ranks 69th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Saudi Arabia?
- Over the last ten years it is down 64.9%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.