Gross savings in Middle East, North Africa, Afghanistan & Pakistan
Middle East, North Africa, Afghanistan & Pakistan: Gross savings was 26.6% in 2024. ▲ Rising
Gross savings in Middle East, North Africa, Afghanistan & Pakistan, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, gross savings in Middle East, North Africa, Afghanistan & Pakistan stood at 26.6%.
The figure is down 8.8% on the previous year and down 15.7% over ten years.
Over the whole period, gross savings in Middle East, North Africa, Afghanistan & Pakistan peaked at 39.6% in 2008 and was at its lowest, 21.3%, in 1989.
That places Middle East, North Africa, Afghanistan & Pakistan 15th out of 42 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gross savings in Middle East, North Africa, Afghanistan & Pakistan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 34.5% | — |
| 1978 | 29.1% | -15.5% |
| 1979 | 33.2% | +13.8% |
| 1980 | 35.8% | +7.9% |
| 1989 | 21.3% | -40.4% |
| 1990 | 23.4% | +9.6% |
| 1991 | 23.3% | -0.4% |
| 1992 | 25.3% | +8.7% |
| 1993 | 24.4% | -3.6% |
| 1994 | 23.6% | -3.3% |
| 1995 | 24.5% | +4.0% |
| 1996 | 26.2% | +6.9% |
| 1997 | 25.8% | -1.5% |
| 1998 | 22.0% | -15.0% |
| 1999 | 26.0% | +18.3% |
| 2000 | 28.8% | +10.7% |
| 2005 | 37.3% | +29.8% |
| 2006 | 38.6% | +3.5% |
| 2007 | 37.9% | -1.9% |
| 2008 | 39.6% | +4.6% |
| 2009 | 29.3% | -25.9% |
| 2010 | 33.8% | +15.1% |
| 2011 | 37.3% | +10.5% |
| 2012 | 36.5% | -2.1% |
| 2013 | 34.7% | -5.0% |
| 2014 | 31.6% | -9.1% |
| 2015 | 24.0% | -23.8% |
| 2016 | 23.3% | -3.2% |
| 2017 | 26.4% | +13.5% |
| 2018 | 29.1% | +10.2% |
| 2019 | 27.6% | -5.1% |
| 2020 | 22.1% | -20.1% |
| 2021 | 28.8% | +30.6% |
| 2022 | 33.6% | +16.6% |
| 2023 | 29.1% | -13.3% |
| 2024 | 26.6% | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.2% | 29.1% | 34.5% | 3 |
| 1980s | 28.6% | 21.3% | 35.8% | 2 |
| 1990s | 24.4% | 22.0% | 26.2% | 10 |
| 2000s | 35.3% | 28.8% | 39.6% | 6 |
| 2010s | 30.4% | 23.3% | 37.3% | 10 |
| 2020s | 28.1% | 22.1% | 33.6% | 5 |
Countries ranked near Middle East, North Africa, Afghanistan & Pakistan
- 12 Tajikistan 38.8% compare
- 13 San Marino 38.6% compare
- 14 Gabon 38.4% compare
- 15 Marshall Islands 38.1% compare
- 16 Iran 37.9% compare
- 17 Norway 37.3% compare
- 18 Vietnam 37.0% compare
More economy & growth data for Middle East, North Africa, Afghanistan & Pakistan
- Foreign direct investment, net inflows (BoP, current US$), per capita 100.54 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.65 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1,005 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.162 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.4665 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,080 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1741 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 1.13 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0097 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 59.93 BoP, current US$ per person (2025)
All data for Middle East, North Africa, Afghanistan & Pakistan →
Frequently asked questions
- What is gross savings in Middle East, North Africa, Afghanistan & Pakistan?
- Gross savings in Middle East, North Africa, Afghanistan & Pakistan was 26.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Middle East, North Africa, Afghanistan & Pakistan?
- The highest recorded value was 39.6% in 2008.
- What is the lowest gross savings recorded in Middle East, North Africa, Afghanistan & Pakistan?
- The lowest recorded value was 21.3% in 1989.
- How does Middle East, North Africa, Afghanistan & Pakistan rank for gross savings?
- Middle East, North Africa, Afghanistan & Pakistan ranks 15th out of 42 groups with data for 2024.
- Is gross savings rising or falling in Middle East, North Africa, Afghanistan & Pakistan?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is rising.
- Where does this Middle East, North Africa, Afghanistan & Pakistan 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.