Korea vs World: Adjusted savings: gross savings
Adjusted savings: gross savings over time
- Korea
- World
How they compare
Korea currently reports 36.2% against 27.9% in World, a difference of 8.3%.
That makes Korea's figure about 1.3 times World's.
Across all 46 years both countries report, Korea has been ahead every year.
Korea ranks 18th and World ranks 15th of 178 countries.
Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Korea | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 29.1% | 23.2% | 5.9% | Korea |
| 1980s | 32.9% | 21.8% | 11.1% | Korea |
| 1990s | 37.7% | 22.4% | 15.3% | Korea |
| 2000s | 33.4% | 24.1% | 9.3% | Korea |
| 2010s | 35.3% | 26.4% | 9.0% | Korea |
| 2020s | 36.1% | 27.4% | 8.6% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: gross savings, Korea or World?
- Korea, at 36.2% against 27.9% in World as of 2021.
- What is the difference in adjusted savings: gross savings between Korea and World?
- 8.3%, with Korea ahead.
- How many years of comparable data are there for Korea and World?
- 46 years are reported by both, from 1976 to 2021.
- How do Korea and World rank globally for adjusted savings: gross savings?
- Korea ranks 18th and World ranks 15th of 178 countries.
- 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.