Kuwait: Savings, percent of GDP

The latest value from 2024 is 44.13 percent, a decline from 48.83 percent in 2023. In comparison, the world average is 22.67 percent, based on data from 143 countries. Historically, the average for Kuwait from 1975 to 2024 is 47.22 percent. The minimum value, 22.9 percent, was reached in 1992 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.

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.