Guinea vs Mongolia: Gross savings
Gross savings over time
- Guinea
- Mongolia
How they compare
Mongolia currently reports 20.69 trillion current LCU against 20.59 trillion current LCU in Guinea, a difference of 98.70 billion current LCU.
The two have swapped places 3 times across 39 shared years of data; in 1986 it was Guinea ahead.
Guinea ranks 23rd and Mongolia ranks 22nd of 177 countries.
Across the 5 decades both report, Guinea averaged higher in 4 and Mongolia in 1.
Head to head by decade
| Decade | Guinea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 600.86 billion current LCU | 1.08 billion current LCU | 599.78 billion current LCU | Guinea |
| 1990s | 2.20 trillion current LCU | 177.58 billion current LCU | 2.03 trillion current LCU | Guinea |
| 2000s | 2.40 trillion current LCU | 1.08 trillion current LCU | 1.32 trillion current LCU | Guinea |
| 2010s | 3.10 trillion current LCU | 4.90 trillion current LCU | 1.80 trillion current LCU | Mongolia |
| 2020s | 17.92 trillion current LCU | 14.77 trillion current LCU | 3.16 trillion current LCU | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Guinea or Mongolia?
- Mongolia, at 20.69 trillion current LCU against 20.59 trillion current LCU in Guinea as of 2024.
- What is the difference in gross savings between Guinea and Mongolia?
- 98.70 billion current LCU, with Mongolia ahead.
- How many years of comparable data are there for Guinea and Mongolia?
- 39 years are reported by both, from 1986 to 2024.
- How do Guinea and Mongolia rank globally for gross savings?
- Guinea ranks 23rd and Mongolia ranks 22nd 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.