Korea vs Papua New Guinea: Gross domestic savings

Korea
34.3%
in 2025
Papua New Guinea
33.2%
in 2004
Korea rank
28th
Papua New Guinea rank
31st

Gross domestic savings over time

  • Korea
  • Papua New Guinea
010203040196019922025

How they compare

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 Korea ahead.

Korea ranks 28th and Papua New Guinea ranks 31st of 188 countries.

Korea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Korea Papua New Guinea Difference Ahead
1960s 9.9% 1.2% 8.6% Korea
1970s 22.8% 16.5% 6.3% Korea
1980s 33.5% 12.2% 21.4% Korea
1990s 38.0% 27.0% 10.9% Korea
2000s 34.1% 33.5% 0.6% Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings, Korea or Papua New Guinea?
Korea, at 34.3% against 33.2% in Papua New Guinea as of 2025.
What is the difference in gross domestic savings between Korea and Papua New Guinea?
1.1%, with Korea ahead.
How many years of comparable data are there for Korea and Papua New Guinea?
44 years are reported by both, from 1961 to 2004.
How do Korea and Papua New Guinea rank globally for gross domestic savings?
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.

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Korea vs Papua New Guinea: Gross domestic savings. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-percent-of-gdp/korea-rep/papua-new-guinea/

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About this data

Indicator
Gross domestic savings (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 11,136 data points, 1960–2025
Last refreshed

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.