European Union vs Panama: Gross domestic savings
Gross domestic savings over time
- European Union
- Panama
How they compare
Panama currently reports 38.6% against 25.8% in European Union, a difference of 12.8%.
That makes Panama's figure about 1.5 times European Union's.
The two have swapped places 6 times across 55 shared years of data; in 1970 it was Panama ahead.
European Union ranks 16th and Panama ranks 19th of 43 groups.
Across the 6 decades both report, European Union averaged higher in 2 and Panama in 4.
Head to head by decade
| Decade | European Union | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 25.7% | 30.4% | 4.7% | Panama |
| 1980s | 22.5% | 20.5% | 2.0% | European Union |
| 1990s | 23.7% | 23.0% | 0.7% | European Union |
| 2000s | 24.2% | 26.8% | 2.6% | Panama |
| 2010s | 24.3% | 38.1% | 13.8% | Panama |
| 2020s | 26.2% | 35.9% | 9.8% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, European Union or Panama?
- Panama, at 38.6% against 25.8% in European Union as of 2024.
- What is the difference in gross domestic savings between European Union and Panama?
- 12.8%, with Panama ahead.
- How many years of comparable data are there for European Union and Panama?
- 55 years are reported by both, from 1970 to 2024.
- How do European Union and Panama rank globally for gross domestic savings?
- European Union ranks 16th and Panama ranks 19th of 43 groups.
- 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.