India vs United States of America: Gross savings
Gross savings over time
- India
- United States of America
How they compare
United States of America currently reports 4.86 trillion current US$ against 1.37 trillion current US$ in India, a difference of 3.49 trillion current US$.
That makes United States of America's figure about 3.5 times India's.
Across all 50 years both countries report, United States of America has been ahead every year.
India ranks 3rd and United States of America ranks 2nd of 177 countries.
United States of America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.56 billion current US$ | 477.16 billion current US$ | 458.60 billion current US$ | United States of America |
| 1980s | 39.56 billion current US$ | 861.58 billion current US$ | 822.02 billion current US$ | United States of America |
| 1990s | 89.08 billion current US$ | 1.47 trillion current US$ | 1.38 trillion current US$ | United States of America |
| 2000s | 280.33 billion current US$ | 2.22 trillion current US$ | 1.94 trillion current US$ | United States of America |
| 2010s | 715.53 billion current US$ | 3.34 trillion current US$ | 2.63 trillion current US$ | United States of America |
| 2020s | 1.06 trillion current US$ | 4.51 trillion current US$ | 3.44 trillion current US$ | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, India or United States of America?
- United States of America, at 4.86 trillion current US$ against 1.37 trillion current US$ in India as of 2024.
- What is the difference in gross savings between India and United States of America?
- 3.49 trillion current US$, with United States of America ahead.
- How many years of comparable data are there for India and United States of America?
- 50 years are reported by both, from 1975 to 2024.
- How do India and United States of America rank globally for gross savings?
- India ranks 3rd and United States of America ranks 2nd of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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 indicator is expressed in United States dollars.