Europe & Central Asia (IDA & IBRD countries) vs Korea: Adjusted savings: gross savings
Adjusted savings: gross savings over time
- Europe & Central Asia (IDA & IBRD countries)
- Korea
How they compare
Korea currently reports 36.2% against 26.8% in Europe & Central Asia (IDA & IBRD countries), a difference of 9.4%.
That makes Korea's figure about 1.3 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 5 times across 40 shared years of data; in 1976 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Europe & Central Asia (IDA & IBRD countries) ranks 21st and Korea ranks 18th of 46 groups.
Across the 6 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 2 and Korea in 4.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 32.9% | 29.1% | 3.8% | Europe & Central Asia (IDA & IBRD countries) |
| 1980s | 32.1% | 31.1% | 1.1% | Europe & Central Asia (IDA & IBRD countries) |
| 1990s | 23.1% | 37.0% | 13.9% | Korea |
| 2000s | 24.6% | 33.4% | 8.8% | Korea |
| 2010s | 24.9% | 35.3% | 10.5% | Korea |
| 2020s | 25.8% | 36.1% | 10.3% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: gross savings, Europe & Central Asia (IDA & IBRD countries) or Korea?
- Korea, at 36.2% against 26.8% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
- What is the difference in adjusted savings: gross savings between Europe & Central Asia (IDA & IBRD countries) and Korea?
- 9.4%, with Korea ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Korea?
- 40 years are reported by both, from 1976 to 2021.
- How do Europe & Central Asia (IDA & IBRD countries) and Korea rank globally for adjusted savings: gross savings?
- Europe & Central Asia (IDA & IBRD countries) ranks 21st and 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.
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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.