Kuwait vs Latin America & Caribbean (excluding high income): Gross domestic savings
Gross domestic savings over time
- Kuwait
- Latin America & Caribbean (excluding high income)
How they compare
Kuwait currently reports 32.6% against 17.0% in Latin America & Caribbean (excluding high income), a difference of 15.6%.
That makes Kuwait's figure about 1.9 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 4 times across 60 shared years of data; in 1965 it was Kuwait ahead.
Kuwait ranks 38th and Latin America & Caribbean (excluding high income) ranks 37th of 188 countries.
Across the 7 decades both report, Kuwait averaged higher in 6 and Latin America & Caribbean (excluding high income) in 1.
Head to head by decade
| Decade | Kuwait | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 55.8% | 20.8% | 35.0% | Kuwait |
| 1970s | 59.4% | 21.5% | 37.9% | Kuwait |
| 1980s | 33.1% | 21.6% | 11.5% | Kuwait |
| 1990s | 9.9% | 17.7% | 7.8% | Latin America & Caribbean (excluding high income) |
| 2000s | 44.1% | 19.9% | 24.2% | Kuwait |
| 2010s | 45.6% | 18.8% | 26.8% | Kuwait |
| 2020s | 35.3% | 17.6% | 17.6% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Kuwait or Latin America & Caribbean (excluding high income)?
- Kuwait, at 32.6% against 17.0% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in gross domestic savings between Kuwait and Latin America & Caribbean (excluding high income)?
- 15.6%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Latin America & Caribbean (excluding high income)?
- 60 years are reported by both, from 1965 to 2024.
- How do Kuwait and Latin America & Caribbean (excluding high income) rank globally for gross domestic savings?
- Kuwait ranks 38th and Latin America & Caribbean (excluding high income) ranks 37th 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.