Faroe Islands vs India: Gross domestic savings
Faroe Islands
31.5%
in 2024
India
32.6%
in 2025
Faroe Islands rank
41st
India rank
40th
Gross domestic savings over time
- Faroe Islands
- India
How they compare
India currently reports 32.6% against 31.5% in Faroe Islands, a difference of 1.1%.
The two have swapped places 6 times across 27 shared years of data; in 1998 it was India ahead.
Faroe Islands ranks 41st and India ranks 40th of 188 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | India | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.3% | 24.0% | 1.8% | India |
| 2000s | 16.1% | 29.9% | 13.8% | India |
| 2010s | 22.6% | 31.3% | 8.7% | India |
| 2020s | 30.5% | 30.7% | 0.2% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Faroe Islands or India?
- India, at 32.6% against 31.5% in Faroe Islands as of 2025.
- What is the difference in gross domestic savings between Faroe Islands and India?
- 1.1%, with India ahead.
- How many years of comparable data are there for Faroe Islands and India?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and India rank globally for gross domestic savings?
- Faroe Islands ranks 41st and India ranks 40th 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.