Papua New Guinea vs Sub-Saharan Africa (IDA & IBRD countries): Adjusted savings: gross savings
Adjusted savings: gross savings over time
- Papua New Guinea
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Papua New Guinea currently reports 33.6% against 25.3% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 8.3%.
That makes Papua New Guinea's figure about 1.3 times Sub-Saharan Africa (IDA & IBRD countries)'s.
The two have swapped places 7 times across 24 shared years of data; in 1980 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.
Papua New Guinea ranks 26th and Sub-Saharan Africa (IDA & IBRD countries) ranks 27th of 178 countries.
Across the 3 decades both report, Papua New Guinea averaged higher in 2 and Sub-Saharan Africa (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Papua New Guinea | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.3% | 18.7% | 3.3% | Sub-Saharan Africa (IDA & IBRD countries) |
| 1990s | 24.3% | 15.3% | 9.0% | Papua New Guinea |
| 2000s | 31.7% | 18.7% | 12.9% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: gross savings, Papua New Guinea or Sub-Saharan Africa (IDA & IBRD countries)?
- Papua New Guinea, at 33.6% against 25.3% in Sub-Saharan Africa (IDA & IBRD countries) as of 2004.
- What is the difference in adjusted savings: gross savings between Papua New Guinea and Sub-Saharan Africa (IDA & IBRD countries)?
- 8.3%, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Sub-Saharan Africa (IDA & IBRD countries)?
- 24 years are reported by both, from 1980 to 2004.
- How do Papua New Guinea and Sub-Saharan Africa (IDA & IBRD countries) rank globally for adjusted savings: gross savings?
- Papua New Guinea ranks 26th and Sub-Saharan Africa (IDA & IBRD countries) ranks 27th 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.