Cape Verde vs Faroe Islands: Gross savings

Cape Verde
646.00 million current US$
in 2025
Faroe Islands
721.07 million current US$
in 2011
Cape Verde rank
152nd
Faroe Islands rank
149th

Gross savings over time

  • Cape Verde
  • Faroe Islands
0200.0M400.0M600.0M800.0M199820112025

How they compare

Faroe Islands currently reports 721.07 million current US$ against 646.00 million current US$ in Cape Verde, a difference of 75.07 million current US$.

That makes Faroe Islands's figure about 1.1 times Cape Verde's.

The two have swapped places 2 times across 5 shared years of data; in 2007 it was Faroe Islands ahead.

Cape Verde ranks 152nd and Faroe Islands ranks 149th of 177 countries.

Cape Verde has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Cape Verde Faroe Islands Difference Ahead
2000s 652.59 million current US$ 489.71 million current US$ 162.89 million current US$ Cape Verde
2010s 664.49 million current US$ 632.71 million current US$ 31.78 million current US$ Cape Verde

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross savings, Cape Verde or Faroe Islands?
Faroe Islands, at 721.07 million current US$ against 646.00 million current US$ in Cape Verde as of 2011.
What is the difference in gross savings between Cape Verde and Faroe Islands?
75.07 million current US$, with Faroe Islands ahead.
How many years of comparable data are there for Cape Verde and Faroe Islands?
5 years are reported by both, from 2007 to 2011.
How do Cape Verde and Faroe Islands rank globally for gross savings?
Cape Verde ranks 152nd and Faroe Islands ranks 149th of 177 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cape Verde vs Faroe Islands: Gross savings. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 22 August 2026, from https://economy.statizoid.com/compare/gross-savings-current-us/cabo-verde/faroe-islands/

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About this data

Indicator
Gross savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.