Kuwait vs Namibia: Gross savings
Gross savings over time
- Kuwait
- Namibia
How they compare
Namibia currently reports 23.63 billion current LCU against 21.78 billion current LCU in Kuwait, a difference of 1.85 billion current LCU.
That makes Namibia's figure about 1.1 times Kuwait's.
The two have swapped places 4 times across 33 shared years of data; in 1992 it was Namibia ahead.
Kuwait ranks 128th and Namibia ranks 126th of 178 countries.
Across the 4 decades both report, Kuwait averaged higher in 1 and Namibia in 3.
Head to head by decade
| Decade | Kuwait | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.71 billion current LCU | 4.32 billion current LCU | 1.62 billion current LCU | Namibia |
| 2000s | 11.53 billion current LCU | 12.87 billion current LCU | 1.34 billion current LCU | Namibia |
| 2010s | 18.46 billion current LCU | 19.94 billion current LCU | 1.48 billion current LCU | Namibia |
| 2020s | 20.15 billion current LCU | 20.12 billion current LCU | 30.43 million current LCU | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Kuwait or Namibia?
- Namibia, at 23.63 billion current LCU against 21.78 billion current LCU in Kuwait as of 2024.
- What is the difference in gross savings between Kuwait and Namibia?
- 1.85 billion current LCU, with Namibia ahead.
- How many years of comparable data are there for Kuwait and Namibia?
- 33 years are reported by both, from 1992 to 2024.
- How do Kuwait and Namibia rank globally for gross savings?
- Kuwait ranks 128th and Namibia ranks 126th of 178 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.