Saudi Arabia: Adjusted savings: consumption of fixed capital (% of GNI)
In , Saudi Arabia's Adjusted savings: consumption of fixed capital (% of GNI) was 12.02.
That's up 20.2% from 2019, the highest value since .
The global average for this indicator in 2020 was 13.12 .
Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS) • Data as of 2020
Trend (2002–2020)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
Highlights
- Peak
- 12.79
- Trough
- 7.35
- 1-year change
- +20.2%
- 5-year change
- -6.0%
- -1.2% / yr
- 10-year change
- +39.1%
- +3.4% / yr
Historical Data — Last 10 Years
| Year | Adjusted savings: consumption of fixed capital (% of GNI) |
|---|---|
| 12.0203 | |
| 10.0019 | |
| 9.3687 | |
| 11.0898 | |
| 11.7388 | |
| 12.7924 | |
| 9.1679 | |
| 8.7182 | |
| 7.4873 | |
| 7.3464 |
About Adjusted savings: consumption of fixed capital (% of GNI)
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Indicator code: NY.ADJ.DKAP.GN.ZS • Category: Economy
Frequently asked questions
- What was Saudi Arabia's Adjusted savings: consumption of fixed capital (% of GNI) in 2020?
- In 2020, Saudi Arabia's Adjusted savings: consumption of fixed capital (% of GNI) was 12.02, according to World Bank Open Data.
- Is Saudi Arabia's Adjusted savings: consumption of fixed capital (% of GNI) rising or falling?
- Saudi Arabia's Adjusted savings: consumption of fixed capital (% of GNI) rose 20.2% from 2019 to 2020.
- How does Saudi Arabia's Adjusted savings: consumption of fixed capital (% of GNI) compare to the world average?
- The global average for Adjusted savings: consumption of fixed capital (% of GNI) in 2020 was 13.12, so Saudi Arabia is below the world average.
- What is Adjusted savings: consumption of fixed capital (% of GNI) and how is it measured?
- Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS), CC BY 4.0.