Latin America & the Caribbean (IDA & IBRD countries) vs Mongolia: Gross domestic savings
Gross domestic savings over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Mongolia
How they compare
Mongolia currently reports 33.9% against 18.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 15.6%.
That makes Mongolia's figure about 1.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 4 times across 45 shared years of data; in 1981 it was Mongolia ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd and Mongolia ranks 29th of 43 groups.
Across the 5 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and Mongolia in 4.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 22.1% | 19.4% | 2.7% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 18.2% | 30.6% | 12.4% | Mongolia |
| 2000s | 20.6% | 22.9% | 2.3% | Mongolia |
| 2010s | 19.5% | 29.8% | 10.4% | Mongolia |
| 2020s | 18.6% | 33.6% | 15.0% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Latin America & the Caribbean (IDA & IBRD countries) or Mongolia?
- Mongolia, at 33.9% against 18.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross domestic savings between Latin America & the Caribbean (IDA & IBRD countries) and Mongolia?
- 15.6%, with Mongolia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Mongolia rank globally for gross domestic savings?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd and Mongolia ranks 29th of 43 groups.
- 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.