OPEC countries Compared by Economy > Gross national saving

DEFINITION: Gross national saving is derived by deducting final consumption expenditure (household plus government) from Gross national disposable income, and consists of personal saving, plus business saving (the sum of the capital consumption allowance and retained business profits), plus government saving (the excess of tax revenues over expenditures), but excludes foreign saving (the excess of imports of goods and services over exports). The figures are presented as a percent of GDP. A negative number indicates that the economy as a whole is spending more income than it produces, thus drawing down national wealth (dissaving).


1 Kuwait 59% of GDP 2012
2 Qatar 58.8% of GDP 2012
3 Saudi Arabia 48.8% of GDP 2012
=4 Algeria 44.4% of GDP 2012
=4 Libya 44.4% of GDP 2012
6 United Arab Emirates 40% of GDP 2012
7 Iran 30.3% of GDP 2012
8 Venezuela 28.9% of GDP 2012
9 Angola 23.8% of GDP 2012
10 Nigeria 15.9% of GDP 2012


OPEC countries Compared by Economy > Gross national saving


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