China (People’s Republic of) vs Lao People's Democratic Republic: Gross savings
Gross savings over time
- China (People’s Republic of)
- Lao People's Democratic Republic
How they compare
China (People’s Republic of) currently reports 57.58 trillion current LCU against 22.80 trillion current LCU in Lao People's Democratic Republic, a difference of 34.78 trillion current LCU.
That makes China (People’s Republic of)'s figure about 2.5 times Lao People's Democratic Republic's.
Across all 22 years both countries report, China (People’s Republic of) has been ahead every year.
China (People’s Republic of) ranks 17th and Lao People's Democratic Republic ranks 20th of 177 countries.
China (People’s Republic of) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | China (People’s Republic of) | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 394.12 billion current LCU | 4.40 billion current LCU | 389.72 billion current LCU | China (People’s Republic of) |
| 2000s | 9.31 trillion current LCU | 4.71 trillion current LCU | 4.60 trillion current LCU | China (People’s Republic of) |
| 2010s | 28.04 trillion current LCU | 10.84 trillion current LCU | 17.20 trillion current LCU | China (People’s Republic of) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, China (People’s Republic of) or Lao People's Democratic Republic?
- China (People’s Republic of), at 57.58 trillion current LCU against 22.80 trillion current LCU in Lao People's Democratic Republic as of 2024.
- What is the difference in gross savings between China (People’s Republic of) and Lao People's Democratic Republic?
- 34.78 trillion current LCU, with China (People’s Republic of) ahead.
- How many years of comparable data are there for China (People’s Republic of) and Lao People's Democratic Republic?
- 22 years are reported by both, from 1984 to 2016.
- How do China (People’s Republic of) and Lao People's Democratic Republic rank globally for gross savings?
- China (People’s Republic of) ranks 17th and Lao People's Democratic Republic ranks 20th of 177 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.
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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.