China vs Latin America & the Caribbean (IDA & IBRD countries): Adjusted savings: net national savings
Adjusted savings: net national savings over time
- China
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
China currently reports 18.8% against 4.1% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 14.7%.
That makes China's figure about 4.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 40 years both countries report, China has been ahead every year.
China ranks 41st and Latin America & the Caribbean (IDA & IBRD countries) ranks 43rd of 177 countries.
China has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | China | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 25.5% | 8.4% | 17.0% | China |
| 1990s | 28.1% | 6.4% | 21.7% | China |
| 2000s | 29.8% | 7.2% | 22.6% | China |
| 2010s | 24.0% | 2.5% | 21.5% | China |
| 2020s | 18.1% | 3.4% | 14.7% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: net national savings, China or Latin America & the Caribbean (IDA & IBRD countries)?
- China, at 18.8% against 4.1% in Latin America & the Caribbean (IDA & IBRD countries) as of 2021.
- What is the difference in adjusted savings: net national savings between China and Latin America & the Caribbean (IDA & IBRD countries)?
- 14.7%, with China ahead.
- How many years of comparable data are there for China and Latin America & the Caribbean (IDA & IBRD countries)?
- 40 years are reported by both, from 1982 to 2021.
- How do China and Latin America & the Caribbean (IDA & IBRD countries) rank globally for adjusted savings: net national savings?
- China ranks 41st and Latin America & the Caribbean (IDA & IBRD countries) ranks 43rd of 177 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: net national 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
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.