Bahamas vs Papua New Guinea: Gross savings
Gross savings over time
- Bahamas
- Papua New Guinea
How they compare
Papua New Guinea currently reports 3.85 billion current LCU against 3.04 billion current LCU in Bahamas, a difference of 806.89 million current LCU.
That makes Papua New Guinea's figure about 1.3 times Bahamas's.
The two have swapped places 8 times across 27 shared years of data; in 1977 it was Papua New Guinea ahead.
Bahamas ranks 154th and Papua New Guinea ranks 152nd of 178 countries.
Across the 4 decades both report, Bahamas averaged higher in 1 and Papua New Guinea in 3.
Head to head by decade
| Decade | Bahamas | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 100.90 million current LCU | 408.08 million current LCU | 307.18 million current LCU | Papua New Guinea |
| 1980s | 361.90 million current LCU | 317.94 million current LCU | 43.96 million current LCU | Bahamas |
| 1990s | 1.15 billion current LCU | 1.31 billion current LCU | 152.23 million current LCU | Papua New Guinea |
| 2000s | 2.72 billion current LCU | 3.29 billion current LCU | 569.56 million current LCU | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Bahamas or Papua New Guinea?
- Papua New Guinea, at 3.85 billion current LCU against 3.04 billion current LCU in Bahamas as of 2004.
- What is the difference in gross savings between Bahamas and Papua New Guinea?
- 806.89 million current LCU, with Papua New Guinea ahead.
- How many years of comparable data are there for Bahamas and Papua New Guinea?
- 27 years are reported by both, from 1977 to 2004.
- How do Bahamas and Papua New Guinea rank globally for gross savings?
- Bahamas ranks 154th and Papua New Guinea ranks 152nd of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.