Gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Gross savings was 22.1% in 2024. ▼ Falling
Gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2024, gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) stood at 22.1%.
The figure is down 9.7% on the previous year and down 5.5% over ten years.
Over the whole period, gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) peaked at 34.7% in 2008 and was at its lowest, 17.8%, in 2016.
That places Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 29th out of 46 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Gross savings in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 30.4% | — |
| 1978 | 24.6% | -19.1% |
| 1979 | 27.1% | +10.0% |
| 1980 | 25.7% | -5.1% |
| 1989 | 20.3% | -21.0% |
| 1991 | 26.6% | +30.9% |
| 1992 | 26.4% | -0.6% |
| 1993 | 24.7% | -6.5% |
| 1994 | 25.3% | +2.4% |
| 1995 | 25.1% | -0.7% |
| 1996 | 26.7% | +6.2% |
| 1997 | 24.1% | -9.5% |
| 1998 | 23.3% | -3.4% |
| 1999 | 25.5% | +9.6% |
| 2000 | 25.7% | +0.7% |
| 2005 | 32.1% | +24.9% |
| 2006 | 33.7% | +4.9% |
| 2007 | 32.9% | -2.3% |
| 2008 | 34.7% | +5.5% |
| 2009 | 25.3% | -27.2% |
| 2010 | 28.5% | +13.0% |
| 2013 | 26.3% | -7.8% |
| 2014 | 23.4% | -11.0% |
| 2015 | 18.2% | -22.4% |
| 2016 | 17.8% | -1.9% |
| 2017 | 21.5% | +20.5% |
| 2018 | 24.1% | +12.2% |
| 2019 | 22.7% | -6.0% |
| 2020 | 18.8% | -16.9% |
| 2021 | 22.6% | +20.2% |
| 2022 | 26.3% | +16.0% |
| 2023 | 24.5% | -6.6% |
| 2024 | 22.1% | -9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.4% | 24.6% | 30.4% | 3 |
| 1980s | 23.0% | 20.3% | 25.7% | 2 |
| 1990s | 25.3% | 23.3% | 26.7% | 9 |
| 2000s | 30.7% | 25.3% | 34.7% | 6 |
| 2010s | 22.8% | 17.8% | 28.5% | 8 |
| 2020s | 22.9% | 18.8% | 26.3% | 5 |
Countries ranked near Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- 26 South Korea 35.0% compare
- 27 Panama 34.9% compare
- 28 Mauritania 34.8% compare
- 29 Denmark 34.3% compare
- 30 Papua New Guinea 33.6% compare
- 31 Bangladesh 33.0% compare
- 32 Botswana 32.6% compare
More economy & growth data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- General government final consumption expenditure (constant 2015 US$) 3.31 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.11 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,931 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6825 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.79 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 2.52 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 452.38 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1599 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0008 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 20.95 billion BoP, current US$ (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 22.1% 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 (excluding high income)?
- The highest recorded value was 34.7% in 2008.
- What is the lowest gross savings recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The lowest recorded value was 17.8% 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 29th out of 46 groups with data for 2024.
- Is gross savings rising or falling in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Over the last ten years it is down 5.5%. 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 GNI). 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 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.