Panama vs Venezuela, Bolivarian Republic of: Gross savings
Gross savings over time
- Panama
- Venezuela, Bolivarian Republic of
How they compare
Panama currently reports 28.55 billion current US$ against 28.49 billion current US$ in Venezuela, Bolivarian Republic of, a difference of 64.80 million current US$.
Across all 40 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.
Panama ranks 62nd and Venezuela, Bolivarian Republic of ranks 63rd of 177 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Panama | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 922.59 million current US$ | 9.42 billion current US$ | 8.50 billion current US$ | Venezuela, Bolivarian Republic of |
| 1980s | 1.06 billion current US$ | 11.65 billion current US$ | 10.59 billion current US$ | Venezuela, Bolivarian Republic of |
| 1990s | 1.94 billion current US$ | 65.24 billion current US$ | 63.30 billion current US$ | Venezuela, Bolivarian Republic of |
| 2000s | 4.22 billion current US$ | 171.65 billion current US$ | 167.43 billion current US$ | Venezuela, Bolivarian Republic of |
| 2010s | 14.40 billion current US$ | 146.15 billion current US$ | 131.75 billion current US$ | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Panama or Venezuela, Bolivarian Republic of?
- Panama, at 28.55 billion current US$ against 28.49 billion current US$ in Venezuela, Bolivarian Republic of as of 2024.
- What is the difference in gross savings between Panama and Venezuela, Bolivarian Republic of?
- 64.80 million current US$, with Panama ahead.
- How many years of comparable data are there for Panama and Venezuela, Bolivarian Republic of?
- 40 years are reported by both, from 1977 to 2016.
- How do Panama and Venezuela, Bolivarian Republic of rank globally for gross savings?
- Panama ranks 62nd and Venezuela, Bolivarian Republic of ranks 63rd of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). 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.