Faroe Islands vs Malta: Gross savings
Gross savings over time
- Faroe Islands
- Malta
How they compare
Malta currently reports 5.99 billion current LCU against 3.87 billion current LCU in Faroe Islands, a difference of 2.12 billion current LCU.
That makes Malta's figure about 1.5 times Faroe Islands's.
Across all 14 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 151st and Malta ranks 148th of 177 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Malta | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.08 billion current LCU | 798.27 million current LCU | 2.29 billion current LCU | Faroe Islands |
| 2000s | 2.87 billion current LCU | 853.18 million current LCU | 2.01 billion current LCU | Faroe Islands |
| 2010s | 3.47 billion current LCU | 1.24 billion current LCU | 2.22 billion current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Faroe Islands or Malta?
- Malta, at 5.99 billion current LCU against 3.87 billion current LCU in Faroe Islands as of 2024.
- What is the difference in gross savings between Faroe Islands and Malta?
- 2.12 billion current LCU, with Malta ahead.
- How many years of comparable data are there for Faroe Islands and Malta?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Malta rank globally for gross savings?
- Faroe Islands ranks 151st and Malta ranks 148th 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.
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.