Guinea-Bissau vs Nicaragua: Gross savings
Gross savings over time
- Guinea-Bissau
- Nicaragua
How they compare
Guinea-Bissau currently reports 254.26 billion current LCU against 205.45 billion current LCU in Nicaragua, a difference of 48.81 billion current LCU.
That makes Guinea-Bissau's figure about 1.2 times Nicaragua's.
The two have swapped places 8 times across 28 shared years of data; in 1994 it was Guinea-Bissau ahead.
Guinea-Bissau ranks 89th and Nicaragua ranks 91st of 177 countries.
Guinea-Bissau has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.56 billion current LCU | 1.18 billion current LCU | 1.38 billion current LCU | Guinea-Bissau |
| 2000s | 24.98 billion current LCU | 15.42 billion current LCU | 9.56 billion current LCU | Guinea-Bissau |
| 2010s | 92.82 billion current LCU | 68.12 billion current LCU | 24.70 billion current LCU | Guinea-Bissau |
| 2020s | 218.58 billion current LCU | 140.69 billion current LCU | 77.89 billion current LCU | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Guinea-Bissau or Nicaragua?
- Guinea-Bissau, at 254.26 billion current LCU against 205.45 billion current LCU in Nicaragua as of 2024.
- What is the difference in gross savings between Guinea-Bissau and Nicaragua?
- 48.81 billion current LCU, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Nicaragua?
- 28 years are reported by both, from 1994 to 2024.
- How do Guinea-Bissau and Nicaragua rank globally for gross savings?
- Guinea-Bissau ranks 89th and Nicaragua ranks 91st 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.