Guinea vs Lao People’s Democratic Republic: Gross savings
Gross savings over time
- Guinea
- Lao People’s Democratic Republic
How they compare
Lao People’s Democratic Republic currently reports 22.80 trillion current LCU against 20.59 trillion current LCU in Guinea, a difference of 2.22 trillion current LCU.
That makes Lao People’s Democratic Republic's figure about 1.1 times Guinea's.
The two have swapped places 1 time across 20 shared years of data; in 1986 it was Guinea ahead.
Guinea ranks 23rd and Lao People’s Democratic Republic ranks 20th of 177 countries.
Across the 3 decades both report, Guinea averaged higher in 1 and Lao People’s Democratic Republic in 2.
Head to head by decade
| Decade | Guinea | Lao People’s Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 510.02 billion current LCU | 5.10 billion current LCU | 504.93 billion current LCU | Guinea |
| 2000s | 2.40 trillion current LCU | 4.71 trillion current LCU | 2.30 trillion current LCU | Lao People’s Democratic Republic |
| 2010s | -630.67 billion current LCU | 10.84 trillion current LCU | 11.47 trillion current LCU | Lao People’s Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Guinea or Lao People’s Democratic Republic?
- Lao People’s Democratic Republic, at 22.80 trillion current LCU against 20.59 trillion current LCU in Guinea as of 2016.
- What is the difference in gross savings between Guinea and Lao People’s Democratic Republic?
- 2.22 trillion current LCU, with Lao People’s Democratic Republic ahead.
- How many years of comparable data are there for Guinea and Lao People’s Democratic Republic?
- 20 years are reported by both, from 1986 to 2016.
- How do Guinea and Lao People’s Democratic Republic rank globally for gross savings?
- Guinea ranks 23rd 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.