Kuwait: Savings, percent of GDP
* indicates monthly or quarterly data series
| Kuwait |
Savings as percent of GDP |
|---|---|
| Latest value | 34.72 |
| Year | 2019 |
| Measure | percent |
| Data availability | 1975 - 2019 |
| Average | 40.90 |
| Min - Max | -236.24 - 71.30 |
| Source | The World Bank |
The latest value from 2019 is 34.72 percent, a decline from 39.7 percent in 2018. In comparison, the world average is 23.29 percent, based on data from 155 countries. Historically, the average for Kuwait from 1975 to 2019 is 40.9 percent. The minimum value, -236.24 percent, was reached in 1991 while the maximum of 71.3 percent was recorded in 1981.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
The savings in Kuwait and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 60.75 | 2023 | percent |
| Share of manufacturing | 7.63 | 2023 | percent |
| Share of services | 51.34 | 2023 | percent |
| Industry value added | 99.45 | 2023 | billion U.S. dollars |
| Manufacturing value added | 12.49 | 2023 | billion U.S. dollars |
| Services value added | 84.05 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 34.72 | 2019 | percent |
| Savings, in dollars | 94.17 | 2022 | billion U.S. dollars |