The gross savings of Bahrain in 2023 amounted to 16 217 million USD, which is 11.2% less than in 2022, when it was 18 263 million USD. This is the first year of decline after a period of growth. Over the entire period of data from World Bank and OECD since 1980, this indicator has increased in 10.33 times. The lowest gross savings recorded in 1999, when it was 487 million USD. The maximum savings value of Bahrain was in 2022, when it reached 18 263 million USD. Gross national savings is the total amount of income that a country’s residents save, rather than spend, during the year.
Additional infomation: About indicator
Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
