Singapore vs Upper middle income: Gross domestic savings
Gross domestic savings over time
- Singapore
- Upper middle income
How they compare
Singapore currently reports 58.7% against 35.3% in Upper middle income, a difference of 23.4%.
That makes Singapore's figure about 1.7 times Upper middle income's.
The two have swapped places 1 time across 65 shared years of data; in 1960 it was Upper middle income ahead.
Singapore ranks 4th and Upper middle income ranks 5th of 188 countries.
Across the 7 decades both report, Singapore averaged higher in 6 and Upper middle income in 1.
Head to head by decade
| Decade | Singapore | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 9.7% | 24.9% | 15.3% | Upper middle income |
| 1970s | 28.8% | 28.5% | 0.3% | Singapore |
| 1980s | 43.0% | 26.5% | 16.4% | Singapore |
| 1990s | 49.0% | 25.6% | 23.4% | Singapore |
| 2000s | 48.0% | 31.2% | 16.7% | Singapore |
| 2010s | 53.8% | 35.6% | 18.1% | Singapore |
| 2020s | 59.4% | 36.7% | 22.8% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Singapore or Upper middle income?
- Singapore, at 58.7% against 35.3% in Upper middle income as of 2025.
- What is the difference in gross domestic savings between Singapore and Upper middle income?
- 23.4%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Upper middle income?
- 65 years are reported by both, from 1960 to 2024.
- How do Singapore and Upper middle income rank globally for gross domestic savings?
- Singapore ranks 4th and Upper middle income ranks 5th 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.