Cape Verde vs Latvia: Gross savings
Gross savings over time
- Cape Verde
- Latvia
How they compare
Cape Verde currently reports 21.1% against 20.7% in Latvia, a difference of 0.4%.
The two have swapped places 2 times across 19 shared years of data; in 2007 it was Cape Verde ahead.
Cape Verde ranks 97th and Latvia ranks 99th of 178 countries.
Across the 3 decades both report, Cape Verde averaged higher in 2 and Latvia in 1.
Head to head by decade
| Decade | Cape Verde | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 35.9% | 25.9% | 10.0% | Cape Verde |
| 2010s | 28.6% | 23.5% | 5.1% | Cape Verde |
| 2020s | 19.4% | 21.1% | 1.7% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Cape Verde or Latvia?
- Cape Verde, at 21.1% against 20.7% in Latvia as of 2025.
- What is the difference in gross savings between Cape Verde and Latvia?
- 0.4%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Latvia?
- 19 years are reported by both, from 2007 to 2025.
- How do Cape Verde and Latvia rank globally for gross savings?
- Cape Verde ranks 97th and Latvia ranks 99th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.