Papua New Guinea vs Vanuatu: Gross domestic savings
Gross domestic savings over time
- Papua New Guinea
- Vanuatu
How they compare
Vanuatu currently reports 5.26 billion current LCU against 4.21 billion current LCU in Papua New Guinea, a difference of 1.05 billion current LCU.
That makes Vanuatu's figure about 1.2 times Papua New Guinea's.
The two have swapped places 2 times across 22 shared years of data; in 1983 it was Vanuatu ahead.
Papua New Guinea ranks 145th and Vanuatu ranks 144th of 188 countries.
Vanuatu has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 347.16 million current LCU | 1.78 billion current LCU | 1.43 billion current LCU | Vanuatu |
| 1990s | 1.61 billion current LCU | 3.96 billion current LCU | 2.36 billion current LCU | Vanuatu |
| 2000s | 3.80 billion current LCU | 4.29 billion current LCU | 495.55 million current LCU | Vanuatu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Papua New Guinea or Vanuatu?
- Vanuatu, at 5.26 billion current LCU against 4.21 billion current LCU in Papua New Guinea as of 2024.
- What is the difference in gross domestic savings between Papua New Guinea and Vanuatu?
- 1.05 billion current LCU, with Vanuatu ahead.
- How many years of comparable data are there for Papua New Guinea and Vanuatu?
- 22 years are reported by both, from 1983 to 2004.
- How do Papua New Guinea and Vanuatu rank globally for gross domestic savings?
- Papua New Guinea ranks 145th and Vanuatu ranks 144th 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.
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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.