25, Jan 2020, EST.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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: 2014. The latest year of data for national accounts at constant prices is 2012. Notes: Real GDP data for the period 1990-2009 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, to 2000, and subsequently to 2010. Pre-revision data exist for the period prior to 1995. The nominal data were revised back to 1995. The latest revision of nominal and real data go to 2010. 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 1995-2009. National accounts manual u

Gross National Savings (% of GDP) for Kuwait in year 2015 is 31.377 %. 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.

This makes Kuwait No. 19 in world rankings according to Gross National Savings (% of GDP) in year 2015. The world's average Gross National Savings (% of GDP) value is 17.53 %; Kuwait is 13.85 more than the average.

In the previous year, 2014, Gross National Savings (% of GDP) for Kuwait was 46.89 % Gross National Savings (% of GDP) for Kuwait in 2015 was or will be 33.08% less than it was or will be in 2014.

In the following or forecasted year, 2016, Gross National Savings (% of GDP) for Kuwait was or will be 26.94 %, which is 14.13% less than the 2015 figure.