Iraq vs Sub-Saharan Africa (IDA & IBRD countries): Gross domestic savings
Gross domestic savings over time
- Iraq
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Iraq currently reports 31.4% against 1.0% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 30.4%.
That makes Iraq's figure about 31.9 times Sub-Saharan Africa (IDA & IBRD countries)'s.
The two have swapped places 7 times across 55 shared years of data; in 1970 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.
Iraq ranks 43rd and Sub-Saharan Africa (IDA & IBRD countries) ranks 40th of 188 countries.
Across the 6 decades both report, Iraq averaged higher in 5 and Sub-Saharan Africa (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Iraq | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 40.8% | 26.7% | 14.1% | Iraq |
| 1980s | 17.3% | 22.6% | 5.3% | Sub-Saharan Africa (IDA & IBRD countries) |
| 1990s | 49.6% | 7.9% | 41.7% | Iraq |
| 2000s | 48.6% | 11.2% | 37.5% | Iraq |
| 2010s | 37.0% | 17.2% | 19.8% | Iraq |
| 2020s | 38.7% | 13.0% | 25.7% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Iraq or Sub-Saharan Africa (IDA & IBRD countries)?
- Iraq, at 31.4% against 1.0% in Sub-Saharan Africa (IDA & IBRD countries) as of 2024.
- What is the difference in gross domestic savings between Iraq and Sub-Saharan Africa (IDA & IBRD countries)?
- 30.4%, with Iraq ahead.
- How many years of comparable data are there for Iraq and Sub-Saharan Africa (IDA & IBRD countries)?
- 55 years are reported by both, from 1970 to 2024.
- How do Iraq and Sub-Saharan Africa (IDA & IBRD countries) rank globally for gross domestic savings?
- Iraq ranks 43rd and Sub-Saharan Africa (IDA & IBRD countries) 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.