Gross savings in Arab World
Arab World: Gross savings was 28.4% in 2024. ▲ Rising
Gross savings in Arab World, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
Arab World recorded 28.4% for gross savings in 2024.
That represents a change of down 8.5% on the previous year and down 15.9% over ten years.
Over the whole period, gross savings in Arab World peaked at 45.7% in 2008 and was at its lowest, 17.7%, in 1991.
Arab World ranks 13th of 44 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Gross savings in Arab World, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 37.8% | — |
| 1978 | 31.9% | -15.7% |
| 1979 | 38.1% | +19.8% |
| 1980 | 44.8% | +17.4% |
| 1981 | 41.6% | -7.1% |
| 1982 | 31.9% | -23.4% |
| 1983 | 28.3% | -11.2% |
| 1984 | 25.9% | -8.3% |
| 1985 | 22.5% | -13.4% |
| 1986 | 19.8% | -11.8% |
| 1987 | 20.7% | +4.4% |
| 1988 | 20.4% | -1.4% |
| 1989 | 20.1% | -1.3% |
| 1991 | 17.7% | -12.2% |
| 1992 | 21.2% | +19.9% |
| 1993 | 19.8% | -6.6% |
| 1994 | 19.9% | +0.7% |
| 1995 | 21.5% | +8.0% |
| 1996 | 23.3% | +8.1% |
| 1997 | 22.8% | -2.0% |
| 1998 | 19.7% | -13.6% |
| 1999 | 23.5% | +19.2% |
| 2002 | 25.9% | +10.6% |
| 2003 | 30.1% | +16.1% |
| 2004 | 35.4% | +17.5% |
| 2005 | 42.4% | +19.9% |
| 2006 | 44.1% | +3.9% |
| 2007 | 43.0% | -2.5% |
| 2008 | 45.7% | +6.3% |
| 2009 | 31.5% | -31.0% |
| 2010 | 36.9% | +17.0% |
| 2011 | 42.1% | +14.1% |
| 2012 | 41.2% | -2.0% |
| 2013 | 38.3% | -7.1% |
| 2014 | 33.8% | -11.8% |
| 2015 | 23.3% | -31.1% |
| 2016 | 22.6% | -2.8% |
| 2017 | 27.2% | +20.2% |
| 2018 | 31.0% | +14.1% |
| 2019 | 29.0% | -6.3% |
| 2020 | 21.4% | -26.3% |
| 2021 | 29.6% | +38.3% |
| 2022 | 36.7% | +24.3% |
| 2023 | 31.0% | -15.5% |
| 2024 | 28.4% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.9% | 31.9% | 38.1% | 3 |
| 1980s | 27.6% | 19.8% | 44.8% | 10 |
| 1990s | 21.0% | 17.7% | 23.5% | 9 |
| 2000s | 37.3% | 25.9% | 45.7% | 8 |
| 2010s | 32.5% | 22.6% | 42.1% | 10 |
| 2020s | 29.4% | 21.4% | 36.7% | 5 |
Countries ranked near Arab World
- 10 San Marino 42.3% compare
- 11 Gabon 41.9% compare
- 12 Algeria 40.2% compare
- 13 Cambodia 39.9% compare
- 14 Viet Nam 38.3% compare
- 15 Iran, Islamic Republic of 37.9% compare
- 16 Tanzania, United Republic of 37.4% compare
More economy & growth data for Arab World
- Industry (including construction), value added 40.8% (2025)
- Manufacturing, value added 377.44 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 6,275 constant 2015 US$ per person (2025)
- Manufacturing, value added 12.0% (2025)
- Industry (including construction), value added 1.55 trillion current US$ (2025)
- Industry (including construction), value added 1.17 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 2.7% (2025)
- Services, value added 50.0% (2025)
- Services, value added 5.0% (2025)
- Services, value added 1.86 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross savings in Arab World?
- Gross savings in Arab World was 28.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Arab World?
- The highest recorded value was 45.7% in 2008.
- What is the lowest gross savings recorded in Arab World?
- The lowest recorded value was 17.7% in 1991.
- How does Arab World rank for gross savings?
- Arab World ranks 13th out of 44 groups with data for 2024.
- Is gross savings rising or falling in Arab World?
- Over the last ten years it is down 15.9%. The long-run trend across the full record is rising.
- Where does this Arab World data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.