Faroe Islands vs Papua New Guinea: Gross domestic savings
Faroe Islands
1.28 billion current US$
in 2024
Papua New Guinea
1.31 billion current US$
in 2004
Faroe Islands rank
135th
Papua New Guinea rank
134th
Gross domestic savings over time
- Faroe Islands
- Papua New Guinea
How they compare
Papua New Guinea currently reports 1.31 billion current US$ against 1.28 billion current US$ in Faroe Islands, a difference of 27.75 million current US$.
Across all 7 years both countries report, Papua New Guinea has been ahead every year.
Faroe Islands ranks 135th and Papua New Guinea ranks 134th of 188 countries.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Faroe Islands | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 248.20 million current US$ | 900.64 million current US$ | 652.45 million current US$ | Papua New Guinea |
| 2000s | 262.80 million current US$ | 1.15 billion current US$ | 888.14 million current US$ | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Faroe Islands or Papua New Guinea?
- Papua New Guinea, at 1.31 billion current US$ against 1.28 billion current US$ in Faroe Islands as of 2004.
- What is the difference in gross domestic savings between Faroe Islands and Papua New Guinea?
- 27.75 million current US$, with Papua New Guinea ahead.
- How many years of comparable data are there for Faroe Islands and Papua New Guinea?
- 7 years are reported by both, from 1998 to 2004.
- How do Faroe Islands and Papua New Guinea rank globally for gross domestic savings?
- Faroe Islands ranks 135th and Papua New Guinea ranks 134th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). 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 indicator is expressed in United States dollars.