Europe & Central Asia (excluding high income) vs South Korea: Adjusted savings: gross savings
Adjusted savings: gross savings over time
- Europe & Central Asia (excluding high income)
- South Korea
How they compare
South Korea currently reports 36.2% against 27.4% in Europe & Central Asia (excluding high income), a difference of 8.8%.
That makes South Korea's figure about 1.3 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 5 times across 41 shared years of data; in 1976 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 18th and South Korea ranks 18th of 46 groups.
Across the 6 decades both report, Europe & Central Asia (excluding high income) averaged higher in 1 and South Korea in 5.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 32.9% | 29.1% | 3.8% | Europe & Central Asia (excluding high income) |
| 1980s | 31.5% | 32.2% | 0.8% | South Korea |
| 1990s | 21.2% | 37.0% | 15.8% | South Korea |
| 2000s | 23.5% | 33.4% | 9.9% | South Korea |
| 2010s | 24.8% | 35.3% | 10.5% | South Korea |
| 2020s | 26.2% | 36.1% | 9.9% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: gross savings, Europe & Central Asia (excluding high income) or South Korea?
- South Korea, at 36.2% against 27.4% in Europe & Central Asia (excluding high income) as of 2021.
- What is the difference in adjusted savings: gross savings between Europe & Central Asia (excluding high income) and South Korea?
- 8.8%, with South Korea ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and South Korea?
- 41 years are reported by both, from 1976 to 2021.
- How do Europe & Central Asia (excluding high income) and South Korea rank globally for adjusted savings: gross savings?
- Europe & Central Asia (excluding high income) ranks 18th and South Korea ranks 18th of 46 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Adjusted savings: gross savings (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. 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.