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Country or Region: Kuwait › Change country
Economic Indicator: Gross National Savings (% of GDP) › See all Kuwait indicators, › See Gross National Savings (% of GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kuwaiti Dinar
Currency Symbol: KWD

Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment. Source: Ministry of Planning and Central Statistical Office Latest actual data: 2009. The latest year of data for national accounts at constant prices is 2007. Notes: Real GDP data for the period 1990-1999 have been adjusted by desk economist to account for breaks in the source data. The breaks are associated with changes in the base year from 1984 to 1995 and subsequently to 2000. Only pre-revision data exist for the period prior to 1995. Simple rebasing technique does not apply because even the nominal data were revised back to 1995. Using the pre-revision data, desk economist recalculated the constant price data for the period prior to 1995 so that y-o-y change of each component remains unchanged. A similar adjustment was made to the period 1995-1999. National accounts manual used: SNA

Gross National Savings (% of GDP) for Kuwait in year 2010 is 40.371 %

This makes Kuwait No. 9 in world rankings according to Gross National Savings (% of GDP) in year 2010. The world's average Gross National Savings (% of GDP) value is 18.64 %; Kuwait is 21.73 more than the average.

In the previous year, 2009, Gross National Savings (% of GDP) for Kuwait was 40.05 % Gross National Savings (% of GDP) for Kuwait in 2010 was or will be 0.80% more than it was or will be in 2009.

In the following or forecasted year, 2011, Gross National Savings (% of GDP) for Kuwait was or will be 48.43 %, which is 19.96% more than the 2010 figure.