Saudi Arabia's adjusted savings, net national savings (% of GNI) was 12.07% in 2020, the latest year in the World Bank's World Development Indicators. That is down 22.29 percentage points from 34.35% in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.07% | 2020 |
| Five years earlier | 12.05% | 2015 |
| Ten years earlier | 34.35% | 2010 |
| Highest | 74.15% | 1974 |
| Lowest | -3.14% | 1991 |
| Average since 2011 | 25.41% | 2011–2020 |
| First recorded | 40.73% | 1971 |
What the numbers say
In 2020, Saudi Arabia's adjusted savings, net national savings (% of GNI) fell 11.5 percentage points on 2019 (from 23.56% to 12.07%).
Across the 30 yearly changes before that (1990 to 2019), the average change was +0.76 percentage points and a typical year strayed about 6.94 percentage points from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 30.56 percentage points in 1974 and the biggest yearly fall was 17.09 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is downward, about 2.85 percentage points a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2020, Saudi Arabia had the 8th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Saudi Arabia in the 2020 ranking
- Tajikistan — 4th of 20: 21.32%
- Côte d'Ivoire — 5th of 20: 18.5%
- Togo — 6th of 20: 16.38%
- Mali — 8th of 20: 10.96%
- Benin — 9th of 20: 10.86%
- Niger — 10th of 20: 10.01%
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 50 values
| Year | Adjusted savings, net national savings (% of GNI) |
|---|---|
| 2020 | 12.07 |
| 2019 | 23.56 |
| 2018 | 25.49 |
| 2017 | 18.82 |
| 2016 | 14.85 |
| 2015 | 12.05 |
| 2014 | 28.92 |
| 2013 | 35.09 |
| 2012 | 40.72 |
| 2011 | 42.52 |
| 2010 |
Adjusted savings, net national savings (% of GNI) in nearby economies
More economic policy & debt data for Saudi Arabia
- Total reserves, including gold (current US$) — US$505.16 billion (2025)
- Total reserves, excluding gold (current US$) — US$459.8 billion (2025)
- GDP (current US$) — US$1.28 trillion (2025)
- GDP (current LCU) — 4.79 trillion (2025)
- GDP (constant 2015 US$) — US$926.78 billion (2025)
- GDP (constant LCU) — 4.9 trillion (2025)
- GDP per capita (current US$) — US$34,537 (2025)
- GDP per capita (current LCU) — 129,512 (2025)
- GDP per capita (constant 2015 US$) — US$25,066 (2025)
- GDP per capita (constant LCU) — 132,580 (2025)
Reading data like this
Questions people ask
- What is Saudi Arabia's adjusted savings, net national savings (% of GNI)?
- 12.07% in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1971?
- It is down 28.66 percentage points from 40.73% in 1971. The highest value was 74.15% in 1974 and the lowest -3.14% in 1991.
- How does Saudi Arabia rank?
- 8th highest of 20 economies with data for 2020.
- Is the latest change in adjusted savings, net national savings (% of GNI) unusual for Saudi Arabia?
- In 2020, Saudi Arabia's adjusted savings, net national savings (% of GNI) fell 11.5 percentage points on 2019 (from 23.56% to 12.07%). Across the 30 yearly changes before that (1990 to 2019), the average change was +0.76 percentage points and a typical year strayed about 6.94 percentage points from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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