Palestine: Savings, percent of GDP
* indicates monthly or quarterly data series
| Palestine |
Savings as percent of GDP |
|---|---|
| Latest value | 10.95 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1995 - 2022 |
| Average | 9.19 |
| Min - Max | -6.51 - 26.83 |
| Source | The World Bank |
The latest value from 2022 is 10.95 percent, a decline from 16.27 percent in 2021. In comparison, the world average is 24.61 percent, based on data from 123 countries. Historically, the average for Palestine from 1995 to 2022 is 9.19 percent. The minimum value, -6.51 percent, was reached in 2004 while the maximum of 26.83 percent was recorded in 2008.
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* indicates monthly or quarterly data series
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The savings in Palestine 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.
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What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 17.39 | 2022 | percent |
| Share of manufacturing | 11.20 | 2022 | percent |
| Share of services | 58.33 | 2022 | percent |
| Industry value added | 3.33 | 2022 | billion U.S. dollars |
| Manufacturing value added | 2.15 | 2022 | billion U.S. dollars |
| Services value added | 11.18 | 2022 | billion U.S. dollars |
| Savings, percent of GDP | 10.95 | 2022 | percent |
| Savings, in dollars | 2.79 | 2022 | billion U.S. dollars |