High income vs Panama: Gross domestic savings
High income
23.9%
in 2024
Panama
38.6%
in 2024
High income rank
22nd
Panama rank
19th
Gross domestic savings over time
- High income
- Panama
How they compare
Panama currently reports 38.6% against 23.9% in High income, a difference of 14.7%.
That makes Panama's figure about 1.6 times High income's.
The two have swapped places 6 times across 55 shared years of data; in 1970 it was Panama ahead.
High income ranks 22nd and Panama ranks 19th of 43 groups.
Across the 6 decades both report, High income averaged higher in 2 and Panama in 4.
Head to head by decade
| Decade | High income | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 25.9% | 30.4% | 4.5% | Panama |
| 1980s | 24.8% | 20.5% | 4.3% | High income |
| 1990s | 24.9% | 23.0% | 1.9% | High income |
| 2000s | 23.2% | 26.8% | 3.6% | Panama |
| 2010s | 23.4% | 38.1% | 14.7% | Panama |
| 2020s | 24.1% | 35.9% | 11.8% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, High income or Panama?
- Panama, at 38.6% against 23.9% in High income as of 2024.
- What is the difference in gross domestic savings between High income and Panama?
- 14.7%, with Panama ahead.
- How many years of comparable data are there for High income and Panama?
- 55 years are reported by both, from 1970 to 2024.
- How do High income and Panama rank globally for gross domestic savings?
- High income ranks 22nd 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.