National savings stabilizes at 28.9% in 2024

National savings stabilizes at 28.9% in 2024

- in Economy

National savings stabilize at 28.9% in 2024

The High Commission for Planning has reported that national savings stabilized at 28.9% of GDP in 2024, compared to 28% the previous year.

In a briefing on the economic situation for 2024, the Commission highlighted that this development takes into account a 6.3% increase in national final consumption, down from 8.6% recorded last year.

The report also indicated that with GDP rising by 7.9% instead of 11% last year, and a 4.9% increase in net income from the rest of the world instead of 1.2%, the growth of total national disposable income slowed to about 7.7% in 2024.

With gross investment reaching 30.1% of GDP, the need to finance the national economy surged to 1.2% in 2024.

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