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Kuwait - Gross Savings 2008

Name: Kuwait Gross Savings 2008
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

58.50% +2.00% from 2007 Global rank: 6th

Kuwait's gross savings was 58.50% in 2008, increased +2.00% from 57.25% in 2007. This was the 6th highest globally.

Global Ranking - 2008▾

Gross Savings by Country - 2008
Rank	Country	Value	YoY
1st	Timor-Leste	372.98%	66.5%
2nd	Brunei Darussalam	69.49%	12.6%
3rd	Libya	66.27%	3.3%
4th	Afghanistan	63.99%	-46.3%
5th	Qatar	63.35%	8.4%
6th	Kuwait	58.50%	3.5%
7th	Algeria	56.62%	1.6%
8th	Saudi Arabia	52.75%	4.7%
9th	Iraq	52.51%	141.3%
10th	Suriname	52.10%	2.2%
11th	China	51.27%	2.7%
12th	Azerbaijan	49.94%	12.0%
13th	Oman	49.21%	9.7%
14th	Uzbekistan	48.56%	-1.3%
15th	Iran, Islamic Republic of	46.39%	-2.4%
16th	Macao SAR, China	45.97%	-21.1%
17th	Gabon	44.39%	-5.0%
18th	Singapore	44.36%	-11.7%
19th	Lesotho	43.80%	3.7%
20th	Bahrain	43.73%	8.1%
21st	Congo, Republic of	43.49%	17.4%
22nd	Norway	42.23%	6.5%
23rd	Morocco	40.19%	28.4%
24th	Malaysia	38.52%	-0.3%
25th	Angola	38.33%	-6.0%
26th	Bangladesh	37.38%	28.2%
27th	Cabo Verde	37.32%	1.2%
28th	Trinidad and Tobago	37.25%	6.0%
29th	Botswana	37.09%	-9.7%
30th	Equatorial Guinea	36.75%	-19.3%
31st	Nepal	36.66%	46.4%
32nd	India	36.25%	-10.8%
33rd	São Tomé and Principe	36.23%	-69.8%
34th	Hong Kong SAR, China	36.02%	4.7%
35th	Philippines	36.02%	69.1%
36th	Bhutan	35.44%	-33.1%
37th	Sudan	33.74%	136.7%
38th	Korea	33.25%	-1.0%
39th	United Arab Emirates	32.16%	-2.1%
40th	Vanuatu	32.16%	43.2%
41st	Chad	31.09%	-9.0%
42nd	Sweden	31.08%	-3.3%
43rd	Thailand	30.66%	-2.4%
44th	Belarus	30.50%	11.9%
45th	Ecuador	30.49%	37.9%
46th	Kazakhstan	30.09%	-2.9%
47th	Russian Federation	30.06%	10.4%
48th	Mongolia	29.96%	-29.9%
49th	Luxembourg	29.88%	14.6%
50th	Panama	29.61%	-0.8%
51st	Tanzania	29.34%	30.3%
52nd	Switzerland	29.01%	-18.5%
53rd	Bolivia, Plurinational State of	28.98%	1.4%
54th	Austria	28.81%	0.9%
55th	Japan	28.64%	-5.8%
56th	Indonesia	28.45%	16.8%
57th	Finland	28.23%	-4.5%
58th	Armenia	27.90%	-8.3%
59th	Viet Nam	27.90%	-20.1%
60th	Slovenia	27.65%	-4.3%
61st	Belgium	27.43%	5.1%
62nd	Jordan	26.98%	28.4%
63rd	Denmark	26.89%	1.4%
64th	West Bank and Gaza	26.83%	63.1%
65th	Czechia	26.77%	-2.7%
66th	Namibia	26.67%	-19.2%
67th	Bahamas, The	26.59%	23.5%
68th	Germany	26.46%	-3.6%
69th	Zambia	26.30%	-13.7%
70th	Türkiye	26.11%	3.2%
71st	Mauritania	25.18%	-4.3%
72nd	Netherlands	24.77%	-13.1%
73rd	Kosovo	24.35%	-
74th	Slovak Republic	24.34%	0.6%
75th	Latvia	24.29%	11.1%
76th	Canada	24.25%	-2.0%
77th	Chile	24.15%	-12.1%
78th	Israel	23.72%	-11.2%
79th	Madagascar	23.69%	42.4%
80th	Egypt, Arab Republic of	23.62%	-19.0%
81st	Estonia	23.44%	-6.8%
82nd	European Union	23.42%	-4.3%
83rd	Moldova	23.33%	2.0%
84th	France	23.26%	-0.9%
85th	New Caledonia	23.13%	-25.8%
86th	Paraguay	22.86%	-11.0%
87th	Peru	22.75%	-4.2%
88th	Tajikistan	22.75%	281.9%
89th	Marshall Islands	22.72%	-4.5%
90th	Uganda	22.38%	5.5%
91st	Australia	21.85%	2.8%
92nd	Romania	21.81%	22.7%
93rd	Niger	21.69%	63.4%
94th	Honduras	21.45%	-12.9%
95th	Faroe Islands	21.24%	-25.4%
96th	Tunisia	21.21%	0.1%
97th	Argentina	21.13%	-4.8%
98th	Mexico	20.41%	-8.2%
99th	Belize	20.27%	16.1%
100th	Dominican Republic	20.04%	-11.8%
101st	Spain	19.70%	-6.7%
102nd	Colombia	19.57%	-4.4%
103rd	Italy	19.33%	-9.1%
104th	Brazil	19.23%	-2.0%
105th	Ireland	18.85%	-17.1%
106th	Croatia	18.81%	-6.9%
107th	Mauritius	18.64%	-29.6%
108th	Nigeria	18.27%	-5.9%
109th	Poland	18.11%	-3.3%
110th	Albania	18.11%	-24.0%
111th	Sri Lanka	18.03%	-32.1%
112th	Hungary	17.86%	1.2%
113th	Djibouti	17.81%	-2.9%
114th	Malta	17.68%	-9.6%
115th	Cameroon	17.52%	-8.4%
116th	Mali	17.47%	-4.6%
117th	Cambodia	16.70%	-31.2%
118th	French Polynesia	16.56%	-35.3%
119th	Nicaragua	16.53%	9.9%
120th	South Africa	16.32%	12.7%
121st	Ukraine	16.21%	-41.7%
122nd	North Macedonia	16.20%	-3.6%
123rd	Rwanda	16.02%	5.8%
124th	Uruguay	15.97%	-14.2%
125th	New Zealand	15.91%	-10.9%
126th	Kenya	15.40%	-10.2%
127th	Aruba	15.35%	-29.9%
128th	Costa Rica	15.24%	-13.9%
129th	United States	15.06%	-13.2%
130th	Lithuania	15.04%	-11.4%
131st	Senegal	14.91%	-1.1%
132nd	Eswatini	14.87%	24.4%
133rd	Bulgaria	14.78%	51.7%
134th	Kyrgyz Republic	14.64%	-30.9%
135th	United Kingdom	14.42%	-2.9%
136th	Lao PDR	14.03%	-26.7%
137th	Cyprus	13.88%	1.7%
138th	Mozambique	13.70%	-9.1%
139th	Syrian Arab Republic	13.66%	-48.1%
140th	Congo, Democratic Republic of	12.75%	39.2%
141st	Tonga	12.64%	-4.4%
142nd	Benin	12.64%	28.6%
143rd	Togo	12.20%	-6.4%
144th	Comoros	11.81%	-15.6%
145th	Solomon Islands	11.78%	380.7%
146th	El Salvador	11.65%	-14.6%
147th	Guatemala	11.60%	-28.3%
148th	Portugal	11.42%	-14.5%
149th	Greece	11.34%	-7.9%
150th	Pakistan	10.97%	-20.9%
151st	Yemen, Republic of	10.77%	5.3%
152nd	Haiti	10.65%	-4.3%
153rd	Bosnia and Herzegovina	10.62%	-41.9%
154th	Eritrea	10.52%	31.8%
155th	Myanmar	10.45%	-27.8%
156th	Kiribati	10.39%	-9.0%
157th	Burkina Faso	9.60%	-11.9%
158th	Serbia	9.13%	-3.6%
159th	Lebanon	8.05%	-54.8%
160th	Barbados	7.68%	-38.7%
161st	Sierra Leone	7.45%	958.9%
162nd	Seychelles	6.48%	-64.5%
163rd	Jamaica	6.28%	-60.6%
164th	Guyana	5.38%	-46.8%
165th	Iceland	5.01%	-68.5%
166th	Guinea-Bissau	4.48%	-77.8%
167th	Ghana	4.34%	-85.2%
168th	Guinea	4.27%	247.2%
169th	Georgia	2.93%	-82.8%
170th	Central African Republic	2.72%	-36.9%
171st	Malawi	2.62%	-73.4%
172nd	Palau	2.43%	-64.9%
173rd	Gambia, The	0.32%	-95.6%
174th	St. Vincent and the Grenadines	0.03%	106.4%
175th	Maldives	-0.13%	-101.1%
176th	Burundi	-1.50%	91.4%
177th	Dominica	-7.25%	-507.1%
178th	Montenegro	-8.68%	-83.0%
179th	Côte d'Ivoire	-13.98%	-308.8%

FAQ

What was Kuwait's gross savings in 2008?▾

Kuwait's gross savings in 2008 was 58.50%. This ranked 6th globally.

How did Kuwait's gross savings change in 2008?▾

Kuwait's gross savings increased by 3.5% in 2008 compared to 2007.

Which country had the highest gross savings in 2008?▾

Timor-Leste had the highest gross savings in 2008 at 372.98%.

What is the gross savings of Kuwait in 2008?▾

The gross savings of Kuwait in 2008 was 58.50%. This ranked 6th globally.

How does 2008 compare to 2007 for Kuwait's gross savings?▾

Kuwait's gross savings went from 57.25% in 2007 to 58.50% in 2008, a 3.5% increase.

HistorySaid - pattern alert

Kuwait matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 4.5%. View full analysis →

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