Gross Savings (As % of GDP) rose to 58.2% in Qatar in 2019

Gross Savings (As % of GDP) (%)
Economy | Qatar | January 1, 2020
$2.99
Excel Sheet

Gross savings as a share of GDP reached 58.2 % in 2019 in Qatar, according to the National Statistical Office. This is 4.60 % more than in the previous year.

Historically, gross savings as a share of GDP in Qatar reached an all time high of 64.2 % in 2008 and an all time low of 0.434 % in 2016. When compared to Qatar's main peers, gross savings as a share of GDP in Bahrain amounted to 21.4 %, 39.4 % in Iran, 35.3 % in Saudi Arabia and 30.8 % in United Arab Emirates in 2019.

Qatar has been ranked 1st within the group of 163 countries we follow in terms of gross savings as a share of GDP.

Gross savings are calculated as gross national income less total consumption, plus net transfers.

Gross Savings (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bahrain % 0.288% 21.6% 21.4% 21.4% 21.0%
Iran % 37.9% 40.5% 39.4% 37.6% 37.5%
Iraq % 0.149% 26.0% 22.8% 19.3% 17.8%
Jordan % 0.122% 9.82% 10.3% 10.8% 11.3%
Kuwait % 0.351% 33.6% 33.8% 32.8% 32.0%
Oman % 0.194% 28.2% 31.3% 30.5% 30.4%
Pakistan % 0.201% 10.5% 10.7% 9.93% 9.42%
Qatar % 0.485% 55.6% 58.2% 58.9% 59.3%
Saudi Arabia % 0.304% 35.0% 35.3% 34.5% 32.3%
Turkmenistan % ... ... ... ... ... ... ... ... ...
United Arab Emirates % 28.5% 29.7% 30.8% 28.6% 27.5%
Yemen % -1.87% -3.47% 0.394% 4.40% 2.82%