Denmark vs Latin America & Caribbean: Gross domestic savings
Gross domestic savings over time
- Denmark
- Latin America & Caribbean
How they compare
Denmark currently reports 33.1% against 18.1% in Latin America & Caribbean, a difference of 15.0%.
That makes Denmark's figure about 1.8 times Latin America & Caribbean's.
The two have swapped places 6 times across 60 shared years of data; in 1966 it was Denmark ahead.
Denmark ranks 33rd and Latin America & Caribbean ranks 34th of 188 countries.
Denmark has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Denmark | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 23.9% | 20.3% | 3.7% | Denmark |
| 1970s | 22.8% | 21.0% | 1.8% | Denmark |
| 1980s | 22.1% | 21.6% | 0.4% | Denmark |
| 1990s | 25.7% | 18.2% | 7.5% | Denmark |
| 2000s | 27.6% | 20.8% | 6.8% | Denmark |
| 2010s | 26.6% | 19.6% | 7.0% | Denmark |
| 2020s | 32.0% | 18.4% | 13.6% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Denmark or Latin America & Caribbean?
- Denmark, at 33.1% against 18.1% in Latin America & Caribbean as of 2025.
- What is the difference in gross domestic savings between Denmark and Latin America & Caribbean?
- 15.0%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Latin America & Caribbean?
- 60 years are reported by both, from 1966 to 2025.
- How do Denmark and Latin America & Caribbean rank globally for gross domestic savings?
- Denmark ranks 33rd and Latin America & Caribbean ranks 34th 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.