Mongolia vs Nicaragua: Gross savings
Gross savings over time
- Mongolia
- Nicaragua
How they compare
Mongolia currently reports 6.10 billion current US$ against 5.61 billion current US$ in Nicaragua, a difference of 492.46 million current US$.
That makes Mongolia's figure about 1.1 times Nicaragua's.
The two have swapped places 6 times across 31 shared years of data; in 1994 it was Mongolia ahead.
Mongolia ranks 107th and Nicaragua ranks 109th of 177 countries.
Mongolia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 420.49 million current US$ | 285.42 million current US$ | 135.07 million current US$ | Mongolia |
| 2000s | 896.04 million current US$ | 843.11 million current US$ | 52.94 million current US$ | Mongolia |
| 2010s | 2.63 billion current US$ | 2.46 billion current US$ | 161.25 million current US$ | Mongolia |
| 2020s | 4.57 billion current US$ | 3.92 billion current US$ | 648.88 million current US$ | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Mongolia or Nicaragua?
- Mongolia, at 6.10 billion current US$ against 5.61 billion current US$ in Nicaragua as of 2024.
- What is the difference in gross savings between Mongolia and Nicaragua?
- 492.46 million current US$, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Nicaragua?
- 31 years are reported by both, from 1994 to 2024.
- How do Mongolia and Nicaragua rank globally for gross savings?
- Mongolia ranks 107th and Nicaragua ranks 109th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). 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.