Czechia vs Faroe Islands: Gross domestic savings
Czechia
32.6%
in 2025
Faroe Islands
31.5%
in 2024
Czechia rank
39th
Faroe Islands rank
41st
Gross domestic savings over time
- Czechia
- Faroe Islands
How they compare
Czechia currently reports 32.6% against 31.5% in Faroe Islands, a difference of 1.1%.
The two have swapped places 2 times across 27 shared years of data; in 1998 it was Czechia ahead.
Czechia ranks 39th and Faroe Islands ranks 41st of 188 countries.
Czechia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Czechia | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 29.9% | 22.3% | 7.6% | Czechia |
| 2000s | 31.1% | 16.1% | 15.0% | Czechia |
| 2010s | 31.5% | 22.6% | 8.9% | Czechia |
| 2020s | 32.2% | 30.5% | 1.7% | Czechia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Czechia or Faroe Islands?
- Czechia, at 32.6% against 31.5% in Faroe Islands as of 2025.
- What is the difference in gross domestic savings between Czechia and Faroe Islands?
- 1.1%, with Czechia ahead.
- How many years of comparable data are there for Czechia and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Czechia and Faroe Islands rank globally for gross domestic savings?
- Czechia ranks 39th and Faroe Islands ranks 41st 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.