IDA total vs Korea: Adjusted savings: gross savings
Adjusted savings: gross savings over time
- IDA total
- Korea
How they compare
Korea currently reports 36.2% against 26.9% in IDA total, a difference of 9.3%.
That makes Korea's figure about 1.3 times IDA total's.
Across all 34 years both countries report, Korea has been ahead every year.
IDA total ranks 20th and Korea ranks 18th of 46 groups.
Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | IDA total | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.5% | 39.1% | 23.6% | Korea |
| 1990s | 16.7% | 37.5% | 20.8% | Korea |
| 2000s | 20.7% | 33.4% | 12.6% | Korea |
| 2010s | 22.6% | 35.3% | 12.7% | Korea |
| 2020s | 26.7% | 36.1% | 9.4% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: gross savings, IDA total or Korea?
- Korea, at 36.2% against 26.9% in IDA total as of 2021.
- What is the difference in adjusted savings: gross savings between IDA total and Korea?
- 9.3%, with Korea ahead.
- How many years of comparable data are there for IDA total and Korea?
- 34 years are reported by both, from 1986 to 2021.
- How do IDA total and Korea rank globally for adjusted savings: gross savings?
- IDA total ranks 20th 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.