Faroe Islands vs Gambia: Gross domestic savings
Gross domestic savings over time
- Faroe Islands
- Gambia
How they compare
Faroe Islands currently reports 8.81 billion current LCU against 6.84 billion current LCU in Gambia, a difference of 1.97 billion current LCU.
That makes Faroe Islands's figure about 1.3 times Gambia's.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 136th and Gambia ranks 139th of 188 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Gambia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.70 billion current LCU | 182.49 million current LCU | 1.51 billion current LCU | Faroe Islands |
| 2000s | 1.71 billion current LCU | 368.34 million current LCU | 1.34 billion current LCU | Faroe Islands |
| 2010s | 4.00 billion current LCU | 3.77 billion current LCU | 230.62 million current LCU | Faroe Islands |
| 2020s | 7.69 billion current LCU | 1.16 billion current LCU | 6.53 billion current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Faroe Islands or Gambia?
- Faroe Islands, at 8.81 billion current LCU against 6.84 billion current LCU in Gambia as of 2024.
- What is the difference in gross domestic savings between Faroe Islands and Gambia?
- 1.97 billion current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Gambia?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Gambia rank globally for gross domestic savings?
- Faroe Islands ranks 136th and Gambia ranks 139th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.