Faroe Islands vs Sub-Saharan Africa: Gross domestic savings (current US$), per unit of GDP

Faroe Islands
0.3153 current US$ per US$ of GDP
in 2024
Sub-Saharan Africa
0.0098 current US$ per US$ of GDP
in 2025
Faroe Islands rank
41st
Sub-Saharan Africa rank
38th

Gross domestic savings (current US$), per unit of GDP over time

  • Faroe Islands
  • Sub-Saharan Africa
-0.100.10.20.30.4196519952025

How they compare

Faroe Islands currently reports 0.3153 current US$ per US$ of GDP against 0.0098 current US$ per US$ of GDP in Sub-Saharan Africa, a difference of 0.3055 current US$ per US$ of GDP.

That makes Faroe Islands's figure about 32.0 times Sub-Saharan Africa's.

The two have swapped places 3 times across 27 shared years of data; in 1998 it was Sub-Saharan Africa ahead.

Faroe Islands ranks 41st and Sub-Saharan Africa ranks 38th of 187 countries.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Sub-Saharan Africa Difference Ahead
1990s 0.2225 current US$ per US$ of GDP 0.0977 current US$ per US$ of GDP 0.1248 current US$ per US$ of GDP Faroe Islands
2000s 0.1605 current US$ per US$ of GDP 0.1116 current US$ per US$ of GDP 0.049 current US$ per US$ of GDP Faroe Islands
2010s 0.2256 current US$ per US$ of GDP 0.1722 current US$ per US$ of GDP 0.0534 current US$ per US$ of GDP Faroe Islands
2020s 0.3048 current US$ per US$ of GDP 0.1296 current US$ per US$ of GDP 0.1752 current US$ per US$ of GDP Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings (current us$), per unit of gdp, Faroe Islands or Sub-Saharan Africa?
Faroe Islands, at 0.3153 current US$ per US$ of GDP against 0.0098 current US$ per US$ of GDP in Sub-Saharan Africa as of 2024.
What is the difference in gross domestic savings (current us$), per unit of gdp between Faroe Islands and Sub-Saharan Africa?
0.3055 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Sub-Saharan Africa?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Sub-Saharan Africa rank globally for gross domestic savings (current us$), per unit of gdp?
Faroe Islands ranks 41st and Sub-Saharan Africa ranks 38th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic savings (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Sub-Saharan Africa: Gross domestic savings (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-us-per-unit-of-gdp/faroe-islands/sub-saharan-africa/

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About this data

Indicator
Gross domestic savings (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 11,097 data points, 1960–2025
Last refreshed

Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.