Gross savings in Saudi Arabia
Saudi Arabia: Gross savings was 28.9% in 2025. ▼ Falling
Gross savings in Saudi Arabia, 1971–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Saudi Arabia is 28.9%, measured in 2025.
That represents a change of down 4.9% on the previous year and up 16.3% over ten years.
Over the whole period, gross savings in Saudi Arabia peaked at 74.6% in 1974 and was at its lowest, 11.7%, in 1991.
Saudi Arabia ranks 46th of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross savings in Saudi Arabia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 50.2% | — |
| 1972 | 58.5% | +16.6% |
| 1973 | 47.1% | -19.5% |
| 1974 | 74.6% | +58.3% |
| 1975 | 60.5% | -18.9% |
| 1976 | 58.9% | -2.7% |
| 1977 | 48.0% | -18.4% |
| 1978 | 35.3% | -26.4% |
| 1979 | 42.9% | +21.5% |
| 1980 | 53.3% | +24.1% |
| 1981 | 48.6% | -8.8% |
| 1982 | 36.2% | -25.5% |
| 1983 | 27.9% | -22.9% |
| 1984 | 23.3% | -16.7% |
| 1985 | 17.0% | -26.9% |
| 1986 | 13.6% | -19.9% |
| 1987 | 13.4% | -1.9% |
| 1988 | 16.6% | +24.6% |
| 1989 | 13.7% | -17.5% |
| 1990 | 18.2% | +32.1% |
| 1991 | 11.7% | -35.3% |
| 1992 | 19.6% | +66.7% |
| 1993 | 16.5% | -15.7% |
| 1994 | 15.9% | -3.4% |
| 1995 | 20.2% | +27.0% |
| 1996 | 23.7% | +17.0% |
| 1997 | 24.5% | +3.4% |
| 1998 | 17.8% | -27.4% |
| 1999 | 26.1% | +47.0% |
| 2000 | 30.0% | +15.0% |
| 2001 | 26.8% | -10.8% |
| 2002 | 28.5% | +6.3% |
| 2003 | 33.9% | +19.0% |
| 2004 | 41.7% | +23.0% |
| 2005 | 48.0% | +15.1% |
| 2006 | 48.5% | +1.1% |
| 2007 | 48.9% | +0.9% |
| 2008 | 52.8% | +7.8% |
| 2009 | 36.6% | -30.6% |
| 2010 | 45.0% | +23.0% |
| 2011 | 51.0% | +13.3% |
| 2012 | 49.6% | -2.8% |
| 2013 | 44.9% | -9.4% |
| 2014 | 38.7% | -13.7% |
| 2015 | 24.8% | -35.9% |
| 2016 | 24.6% | -1.1% |
| 2017 | 27.1% | +10.3% |
| 2018 | 30.6% | +12.9% |
| 2019 | 29.9% | -2.4% |
| 2020 | 20.0% | -33.1% |
| 2021 | 30.5% | +52.4% |
| 2022 | 38.7% | +26.9% |
| 2023 | 31.9% | -17.5% |
| 2024 | 30.4% | -4.7% |
| 2025 | 28.9% | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.9% | 35.3% | 74.6% | 9 |
| 1980s | 26.4% | 13.4% | 53.3% | 10 |
| 1990s | 19.4% | 11.7% | 26.1% | 10 |
| 2000s | 39.6% | 26.8% | 52.8% | 10 |
| 2010s | 36.6% | 24.6% | 51.0% | 10 |
| 2020s | 30.0% | 20.0% | 38.7% | 6 |
Countries ranked near Saudi Arabia
- 43 Morocco 29.4% compare
- 44 Hong Kong, China 29.2% compare
- 45 Kazakhstan 29.0% compare
- 47 Netherlands 28.8% compare
- 48 Faroe Islands 28.8% compare
- 49 Congo, Democratic Republic of the 28.7% compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.68 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2249 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 7,766 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -32.52 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -32.52 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.2 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0971 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3,354 current LCU per person (2025)
Frequently asked questions
- What is gross savings in Saudi Arabia?
- Gross savings in Saudi Arabia was 28.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Saudi Arabia?
- The highest recorded value was 74.6% in 1974.
- What is the lowest gross savings recorded in Saudi Arabia?
- The lowest recorded value was 11.7% in 1991.
- How does Saudi Arabia rank for gross savings?
- Saudi Arabia ranks 46th out of 178 countries with data for 2025.
- Is gross savings rising or falling in Saudi Arabia?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia 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.