Gross domestic savings in United Arab Emirates
United Arab Emirates: Gross domestic savings was 42.9% in 2023. ▲ Rising
Gross domestic savings in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2023, gross domestic savings in United Arab Emirates stood at 42.9%.
That represents a change of down 7.0% on the previous year and down 25.4% over ten years.
Over the whole period, gross domestic savings in United Arab Emirates peaked at 60.1% in 2012 and was at its lowest, 28.5%, in 2002.
That places United Arab Emirates 14th out of 188 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Gross domestic savings in United Arab Emirates, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 31.0% | — |
| 2002 | 28.5% | -8.0% |
| 2003 | 31.7% | +11.2% |
| 2004 | 30.5% | -3.7% |
| 2005 | 35.8% | +17.4% |
| 2006 | 37.1% | +3.6% |
| 2007 | 33.2% | -10.5% |
| 2008 | 34.3% | +3.5% |
| 2009 | 37.5% | +9.2% |
| 2010 | 50.8% | +35.5% |
| 2011 | 54.0% | +6.4% |
| 2012 | 60.1% | +11.2% |
| 2013 | 57.6% | -4.2% |
| 2014 | 54.7% | -4.9% |
| 2015 | 48.1% | -12.0% |
| 2016 | 47.7% | -0.8% |
| 2017 | 47.8% | +0.1% |
| 2018 | 51.2% | +7.1% |
| 2019 | 49.6% | -3.0% |
| 2020 | 39.8% | -19.8% |
| 2021 | 45.5% | +14.2% |
| 2022 | 46.1% | +1.4% |
| 2023 | 42.9% | -7.0% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 42.9% is above the median for high income countries, which is 25.7%, 1.7× the median. (67 countries reporting)
- United Arab Emirates's 42.9% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 26.5%, 1.6× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.3% | 28.5% | 37.5% | 9 |
| 2010s | 52.2% | 47.7% | 60.1% | 10 |
| 2020s | 43.6% | 39.8% | 46.1% | 4 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.85 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.54 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 77.17 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1397 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7,024 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.64 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 48.71 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0826 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 4,154 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 22.86 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in United Arab Emirates?
- Gross domestic savings in United Arab Emirates was 42.9% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in United Arab Emirates?
- The highest recorded value was 60.1% in 2012.
- What is the lowest gross domestic savings recorded in United Arab Emirates?
- The lowest recorded value was 28.5% in 2002.
- How does United Arab Emirates rank for gross domestic savings?
- United Arab Emirates ranks 14th out of 188 countries with data for 2023.
- Is gross domestic savings rising or falling in United Arab Emirates?
- Over the last ten years it is down 25.4%. The long-run trend across the full record is rising.
- Where does this United Arab Emirates data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.