Denmark vs Latin America & the Caribbean (IDA & IBRD countries): Gross domestic savings
Gross domestic savings over time
- Denmark
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Denmark currently reports 33.1% against 18.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 14.8%.
That makes Denmark's figure about 1.8 times Latin America & the Caribbean (IDA & IBRD countries)'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 & the Caribbean (IDA & IBRD countries) ranks 32nd of 188 countries.
Across the 7 decades both report, Denmark averaged higher in 6 and Latin America & the Caribbean (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Denmark | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 23.9% | 20.7% | 3.2% | Denmark |
| 1970s | 22.8% | 21.6% | 1.2% | Denmark |
| 1980s | 22.1% | 22.2% | 0.1% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 25.7% | 18.2% | 7.5% | Denmark |
| 2000s | 27.6% | 20.6% | 7.0% | Denmark |
| 2010s | 26.6% | 19.5% | 7.1% | Denmark |
| 2020s | 32.0% | 18.6% | 13.4% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Denmark or Latin America & the Caribbean (IDA & IBRD countries)?
- Denmark, at 33.1% against 18.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross domestic savings between Denmark and Latin America & the Caribbean (IDA & IBRD countries)?
- 14.8%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Latin America & the Caribbean (IDA & IBRD countries)?
- 60 years are reported by both, from 1966 to 2025.
- How do Denmark and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross domestic savings?
- Denmark ranks 33rd and Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd 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.