Gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Gross savings was 23.1% in 2023. ▼ Falling
Gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), 1977–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2023, gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) stood at 23.1%.
The figure is down 8.9% on the previous year and down 6.7% over ten years.
Over the whole period, gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) peaked at 32.6% in 2008 and was at its lowest, 18.5%, in 2016.
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 26th of 42 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 26.2% | — |
| 1978 | 23.4% | -10.5% |
| 1979 | 24.7% | +5.3% |
| 1980 | 24.2% | -1.8% |
| 1989 | 21.0% | -13.4% |
| 1990 | 24.8% | +18.0% |
| 1991 | 28.1% | +13.6% |
| 1992 | 28.4% | +0.9% |
| 1993 | 27.9% | -1.7% |
| 1994 | 26.6% | -4.5% |
| 1995 | 25.5% | -4.2% |
| 1996 | 26.3% | +3.2% |
| 1997 | 24.5% | -6.9% |
| 1998 | 23.4% | -4.4% |
| 1999 | 25.9% | +10.5% |
| 2000 | 26.3% | +1.5% |
| 2005 | 31.0% | +17.9% |
| 2006 | 31.7% | +2.3% |
| 2007 | 31.2% | -1.6% |
| 2008 | 32.6% | +4.6% |
| 2009 | 24.4% | -25.1% |
| 2010 | 27.1% | +10.9% |
| 2011 | 26.4% | -2.6% |
| 2012 | 25.3% | -4.1% |
| 2013 | 24.7% | -2.2% |
| 2014 | 22.4% | -9.6% |
| 2015 | 18.8% | -15.9% |
| 2016 | 18.5% | -1.4% |
| 2017 | 21.7% | +17.2% |
| 2018 | 24.1% | +11.1% |
| 2019 | 22.7% | -6.0% |
| 2020 | 19.1% | -15.9% |
| 2021 | 23.0% | +20.8% |
| 2022 | 25.3% | +10.0% |
| 2023 | 23.1% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.8% | 23.4% | 26.2% | 3 |
| 1980s | 22.6% | 21.0% | 24.2% | 2 |
| 1990s | 26.1% | 23.4% | 28.4% | 10 |
| 2000s | 29.5% | 24.4% | 32.6% | 6 |
| 2010s | 23.2% | 18.5% | 27.1% | 10 |
| 2020s | 22.6% | 19.1% | 25.3% | 4 |
Countries ranked near Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
More economy & growth data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 0.6825 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1599 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 452.38 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 2.52 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.11 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7447 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.79 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.37 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,931 current US$ per person (2025)
All data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) →
Frequently asked questions
- What is gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) was 23.1% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The highest recorded value was 32.6% in 2008.
- What is the lowest gross savings recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The lowest recorded value was 18.5% in 2016.
- How does Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank for gross savings?
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 26th out of 42 groups with data for 2023.
- Is gross savings rising or falling in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Over the last ten years it is down 6.7%. The long-run trend across the full record is falling.
- Where does this Middle East, North Africa, Afghanistan & Pakistan (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.