Gross national savings — all countries

Gross national savings — Middle East & North Africa

Gross national savings in Middle East & North Africa in 2024 — 26.6%. Since 1977, the indicator has fallen by 7.9 pp.

2024 26.6% −2.6 pp vs 2023
World rank
Period maximum 39.6%2008
Period minimum 21.3%1989

Trend over time

1977–2024 · % of GDP

Gross national savings — Middle East & North Africa, 1977–2024202530354019771982198719921997200220072012201720221977: 34.5%1978: 29.1%1979: 33.2%1980: 35.8%1989: 21.3%1990: 23.4%1991: 23.3%1992: 25.3%1993: 24.4%1994: 23.6%1995: 24.5%1996: 26.2%1997: 25.8%1998: 22%1999: 26%2000: 28.8%2001: 25.7%2002: 24.9%2003: 28.3%2004: 33.3%2005: 37.3%2006: 38.6%2007: 37.9%2008: 39.6%2009: 29.3%2010: 33.8%2011: 37.3%2012: 36.5%2013: 34.7%2014: 31.6%2015: 24%2016: 23.3%2017: 26.4%2018: 29.1%2019: 27.6%2020: 22.1%2021: 28.8%2022: 33.6%2023: 29.1%2024: 26.6%
Change over the period: −7.9 pp Annual average: -0.17 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Middle East & North Africa

Middle East & North Africa 26.6%
World 26.1%
Gross national savings — Middle East & North Africa, by year Middle East & North Africa All countries CSV XLSX
Year % Change, pp
2024 26.6 −2.6 pp
2023 29.1 −4.5 pp
2022 33.6 +4.8 pp
2021 28.8 +6.8 pp
2020 22.1 −5.6 pp
2019 27.6 −1.5 pp
2018 29.1 +2.7 pp
2017 26.4 +3.1 pp
2016 23.3 −0.8 pp
2015 24 −7.5 pp
2014 31.6 −3.2 pp
2013 34.7 −1.8 pp
2012 36.5 −0.8 pp
2011 37.3 +3.5 pp
2010 33.8 +4.4 pp
2009 29.3 −10.3 pp
2008 39.6 +1.7 pp
2007 37.9 −0.7 pp
2006 38.6 +1.3 pp
2005 37.3 +4.1 pp
2004 33.3 +4.9 pp
2003 28.3 +3.4 pp
2002 24.9 −0.8 pp
2001 25.7 −3 pp
2000 28.8 +2.8 pp
1999 26 +4 pp
1998 22 −3.9 pp
1997 25.8 −0.4 pp
1996 26.2 +1.7 pp
1995 24.5 +0.9 pp
1994 23.6 −0.8 pp
1993 24.4 −0.9 pp
1992 25.3 +2 pp
1991 23.3 −0.1 pp
1990 23.4 +2.1 pp
1989 21.3
1980 35.8 +2.6 pp
1979 33.2 +4 pp
1978 29.1 −5.3 pp
1977 34.5

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.