Middle income vs Singapore: Gross domestic savings
Gross domestic savings over time
- Middle income
- Singapore
How they compare
Singapore currently reports 58.7% against 32.6% in Middle income, a difference of 26.1%.
That makes Singapore's figure about 1.8 times Middle income's.
The two have swapped places 1 time across 65 shared years of data; in 1960 it was Middle income ahead.
Middle income ranks 7th and Singapore ranks 4th of 43 groups.
Across the 7 decades both report, Middle income averaged higher in 1 and Singapore in 6.
Head to head by decade
| Decade | Middle income | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 21.3% | 9.7% | 11.7% | Middle income |
| 1970s | 26.0% | 28.8% | 2.9% | Singapore |
| 1980s | 25.6% | 43.0% | 17.4% | Singapore |
| 1990s | 24.7% | 49.0% | 24.3% | Singapore |
| 2000s | 29.8% | 48.0% | 18.2% | Singapore |
| 2010s | 33.8% | 53.8% | 20.0% | Singapore |
| 2020s | 34.2% | 59.4% | 25.2% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Middle income or Singapore?
- Singapore, at 58.7% against 32.6% in Middle income as of 2025.
- What is the difference in gross domestic savings between Middle income and Singapore?
- 26.1%, with Singapore ahead.
- How many years of comparable data are there for Middle income and Singapore?
- 65 years are reported by both, from 1960 to 2024.
- How do Middle income and Singapore rank globally for gross domestic savings?
- Middle income ranks 7th and Singapore ranks 4th 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.