Saudi Arabia Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Saudi Arabia's gross savings was 29.12% in 2025, ranked 33rd globally. This represents a 2.5% decrease from 2024. Data from World Bank, covering 1971–2025.
Overview
Saudi Arabia's gross savings stood at 29.12% in 2025, a decline of +0.74% from 2024. The IMF projects 29.12% by 2025. Saudi Arabia ranked 33rd globally.
Saudi Arabia's gross savings have experienced significant fluctuations over the past five decades, with the country's all-time peak at 74.59 in 1974 and a trough of 11.74 in 1991. The vast majority of this variation can be attributed to fluctuations in global oil prices, which have driven the kingdom's economic fortunes. In 2025, Saudi Arabia's gross savings stood at 29.12, ranking the country 33rd globally. This value is comparable to that of Botswana, which ranked 32nd with a gross savings rate of 29.27 in the same year. The kingdom's gross savings rate has historically been influenced by its reliance on oil exports, with a decline in oil prices leading to decreased savings. As Saudi Arabia continues to diversify its economy and reduce its dependence on oil exports, the trajectory of its gross savings may shift, potentially increasing its ranking as the country becomes more resilient to external economic shocks.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 29.24% | - | - |
| 2029* IMF | 29.16% | - | - |
| 2028* IMF | 29.24% | - | - |
| 2027* IMF | 29.30% | - | - |
| 2026* IMF | 29.37% | - | - |
| 2025* IMF | 29.12% | - | - |
| 2025 | 29.12% | −0.74% | #33 |
| 2024 | 29.86% | −2.23% | #38 |
| 2023 | 31.93% | −6.72% | #35 |
| 2022 | 38.66% | +8.20% | #19 |
| 2021 | 30.47% | +10.46% | #43 |
| 2020 | 19.99% | −9.89% | #103 |
| 2019 | 29.88% | −0.72% | #45 |
| 2018 | 30.60% | +3.49% | #43 |
| 2017 | 27.11% | +2.54% | #57 |
| 2016 | 24.57% | −0.27% | #61 |
| 2015 | 24.84% | −13.89% | #66 |
| 2014 | 38.73% | −6.15% | #19 |
| 2013 | 44.88% | −4.67% | #11 |
| 2012 | 49.55% | −1.45% | #9 |
| 2011 | 51.01% | +5.99% | #8 |
Detected Pattern
Analysis
Saudi Arabia matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Saudi Arabia's gross savings was 29.12% in 2025. Ranked 33rd globally. This represents a 2.5% decrease from the previous year.
Saudi Arabia's gross savings peaked at 74.59% in 1974.
The lowest gross savings in Saudi Arabia was 11.74% in 1991.
Saudi Arabia ranks 33rd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Saudi Arabia's gross savings is projected to reach 29.12% by 2025 based on IMF projection.
The gross savings of Saudi Arabia in 2025 was 29.12%. This ranks 33rd in the world.
Cite this page
@misc{historysaid_saudi-arabia_gross-savings,
title = {Saudi Arabia Gross Savings},
url = {https://historysaid.com/saudi-arabia/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}