Saudi Arabia Gross Savings Rate (% of GDP) (2024)
Saudi Arabia's Gross Savings Rate (% of GDP): 29.9 % of GDP in 2024, -2.1pp YoY. World Bank (NY.GNS.ICTR.ZS), 1990–2024.
Saudi Arabia (2024)
29.9
% of GDP
-2.1pp YoY
YoY Change
-2.1pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 29.9 | -2.1pp |
| 2023 | 31.9 | -6.7pp |
| 2022 | 38.7 | +8.2pp |
| 2021 | 30.5 | +10.5pp |
| 2020 | 20 | -9.9pp |
| 2019 | 29.9 | -0.7pp |
| 2018 | 30.6 | +3.5pp |
| 2017 | 27.1 | +2.5pp |
| 2016 | 24.6 | -0.3pp |
| 2015 | 24.8 | -13.9pp |
| 2014 | 38.7 | -6.2pp |
| 2013 | 44.9 | -4.7pp |
| 2012 | 49.6 | -1.5pp |
| 2011 | 51 | +6pp |
| 2010 | 45 | +8.4pp |
| 2009 | 36.6 | -16.2pp |
| 2008 | 52.8 | +3.8pp |
| 2007 | 48.9 | +0.4pp |
| 2006 | 48.5 | +0.5pp |
| 2005 | 48 | n/a |
About this Dataset
Saudi Arabia recorded 29.9 % of GDP in 2024. The most recent year-on-year change was -2.1pp. The historical series (1990–2024) shows a peak of 52.8 in 2008 and a trough of 11.7 in 1991.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks saudi arabia gross savings rate (% of gdp) in Saudi Arabia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 52.8 % of GDP in 2008 and reached its lowest recorded value of 11.7 in 1991. The latest reading of 29.9 in 2024 represents a year-on-year change of -2.1pp.