Kuwait vs Sub-Saharan Africa (IDA & IBRD countries): Gross domestic savings
Gross domestic savings over time
- Kuwait
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Kuwait currently reports 32.6% against 1.0% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 31.6%.
That makes Kuwait's figure about 33.1 times Sub-Saharan Africa (IDA & IBRD countries)'s.
The two have swapped places 8 times across 60 shared years of data; in 1965 it was Kuwait ahead.
Kuwait ranks 38th and Sub-Saharan Africa (IDA & IBRD countries) ranks 40th of 188 countries.
Kuwait has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Kuwait | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 55.8% | 25.8% | 30.0% | Kuwait |
| 1970s | 59.4% | 26.7% | 32.7% | Kuwait |
| 1980s | 33.1% | 22.6% | 10.5% | Kuwait |
| 1990s | 9.9% | 7.9% | 2.0% | Kuwait |
| 2000s | 44.1% | 11.2% | 32.9% | Kuwait |
| 2010s | 45.6% | 17.2% | 28.4% | Kuwait |
| 2020s | 35.3% | 13.0% | 22.3% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Kuwait or Sub-Saharan Africa (IDA & IBRD countries)?
- Kuwait, at 32.6% against 1.0% in Sub-Saharan Africa (IDA & IBRD countries) as of 2024.
- What is the difference in gross domestic savings between Kuwait and Sub-Saharan Africa (IDA & IBRD countries)?
- 31.6%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Sub-Saharan Africa (IDA & IBRD countries)?
- 60 years are reported by both, from 1965 to 2024.
- How do Kuwait and Sub-Saharan Africa (IDA & IBRD countries) rank globally for gross domestic savings?
- Kuwait ranks 38th 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.
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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.