Home West Bank and Gaza Economy & Growth Gross Savings

West Bank and Gaza Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

1.88% −11.20% (-85.6%)
Year 2024 Rank #162 Global Peak 26.83% (2008) Source World Bank

West Bank and Gaza Gross Savings (1995–2024)

Overview

West Bank and Gaza's gross savings stood at 1.88% in 2024, a decline of +11.20% from 2023. West Bank and Gaza ranked 162nd globally.

Data & projection

Year Gross Savings YoY change Rank
2024 1.88% −11.20% #162
2023 13.08% −1.48% #149
2022 14.56% −1.71% #150
2021 16.27% +4.10% #139
2020 12.17% −2.51% #152
2019 14.68% −0.77% #151
2018 15.45% +1.08% #140
2017 14.37% +2.89% #148
2016 11.48% +0.09% #164
2015 11.39% +3.25% #159
2014 8.14% +0.80% #170
2013 7.34% +0.37% #162
2012 6.97% +7.46% #162
2011 -0.49% −8.19% #180
2010 7.71% −0.39% #162
Show all years (1995-2024)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.6% GDP growth 7.4% C/A balance 5.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

West Bank and Gaza matched the Export Boom Cycle pattern in 2008. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is West Bank and Gaza's gross savings?

West Bank and Gaza's gross savings was 1.88% in 2024. Ranked 162nd globally. This represents a 85.6% decrease from the previous year.

What was the highest gross savings in West Bank and Gaza?

West Bank and Gaza's gross savings peaked at 26.83% in 2008.

What was the lowest gross savings in West Bank and Gaza?

The lowest gross savings in West Bank and Gaza was -6.51% in 2004.

How does West Bank and Gaza rank in gross savings?

West Bank and Gaza ranks 162nd globally in gross savings as of 2024.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the gross savings of West Bank and Gaza in 2024?

The gross savings of West Bank and Gaza in 2024 was 1.88%. This ranks 162nd in the world.

Cite this page

APA
West Bank and Gaza Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/west-bank-and-gaza/gross-savings
BibTeX
@misc{historysaid_west-bank-and-gaza_gross-savings, title = {West Bank and Gaza Gross Savings}, url = {https://historysaid.com/west-bank-and-gaza/gross-savings}, publisher = {HistorySaid}, year = {2026} }