Armenia vs Latvia: Gross domestic savings
Armenia
18.7%
in 2025
Latvia
19.5%
in 2025
Armenia rank
106th
Latvia rank
104th
Gross domestic savings over time
- Armenia
- Latvia
How they compare
Latvia currently reports 19.5% against 18.7% in Armenia, a difference of 0.8%.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia ahead.
Armenia ranks 106th and Latvia ranks 104th of 188 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -12.7% | 11.9% | 24.6% | Latvia |
| 2000s | 4.2% | 19.9% | 15.7% | Latvia |
| 2010s | 4.8% | 21.9% | 17.1% | Latvia |
| 2020s | 17.9% | 21.1% | 3.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Armenia or Latvia?
- Latvia, at 19.5% against 18.7% in Armenia as of 2025.
- What is the difference in gross domestic savings between Armenia and Latvia?
- 0.8%, with Latvia ahead.
- How many years of comparable data are there for Armenia and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Armenia and Latvia rank globally for gross domestic savings?
- Armenia ranks 106th and Latvia ranks 104th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.