South Korea vs Papua New Guinea: Gross domestic savings (% of GDP)
South Korea
34.3%
in 2025
Papua New Guinea
33.2%
in 2004
South Korea rank
28th
Papua New Guinea rank
31st
Gross domestic savings (% of GDP) over time
- South Korea
- Papua New Guinea
How they compare
South Korea currently reports 34.3% against 33.2% in Papua New Guinea, a difference of 1.1%.
The two have swapped places 8 times across 44 shared years of data; in 1961 it was South Korea ahead.
South Korea ranks 28th and Papua New Guinea ranks 31st of 188 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | South Korea | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 9.9% | 1.2% | 8.6% | South Korea |
| 1970s | 22.8% | 16.5% | 6.3% | South Korea |
| 1980s | 33.5% | 12.2% | 21.4% | South Korea |
| 1990s | 38.0% | 27.0% | 10.9% | South Korea |
| 2000s | 34.1% | 33.5% | 0.6% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, South Korea or Papua New Guinea?
- South Korea, at 34.3% against 33.2% in Papua New Guinea as of 2025.
- What is the difference in gross domestic savings between South Korea and Papua New Guinea?
- 1.1%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Papua New Guinea?
- 44 years are reported by both, from 1961 to 2004.
- How do South Korea and Papua New Guinea rank globally for gross domestic savings?
- South Korea ranks 28th and Papua New Guinea ranks 31st 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.