Lower middle income vs Singapore: Adjusted savings: net national savings
Adjusted savings: net national savings over time
- Lower middle income
- Singapore
How they compare
Singapore currently reports 29.5% against 17.7% in Lower middle income, a difference of 11.8%.
That makes Singapore's figure about 1.7 times Lower middle income's.
Across all 46 years both countries report, Singapore has been ahead every year.
Lower middle income ranks 10th and Singapore ranks 10th of 46 groups.
Singapore has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Lower middle income | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.6% | 20.1% | 11.4% | Singapore |
| 1980s | 8.4% | 25.0% | 16.6% | Singapore |
| 1990s | 13.2% | 34.1% | 20.9% | Singapore |
| 2000s | 18.5% | 28.8% | 10.3% | Singapore |
| 2010s | 17.3% | 32.6% | 15.2% | Singapore |
| 2020s | 17.2% | 26.8% | 9.6% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: net national savings, Lower middle income or Singapore?
- Singapore, at 29.5% against 17.7% in Lower middle income as of 2021.
- What is the difference in adjusted savings: net national savings between Lower middle income and Singapore?
- 11.8%, with Singapore ahead.
- How many years of comparable data are there for Lower middle income and Singapore?
- 46 years are reported by both, from 1976 to 2021.
- How do Lower middle income and Singapore rank globally for adjusted savings: net national savings?
- Lower middle income ranks 10th and Singapore ranks 10th of 46 groups.
- 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.