Congo, Democratic Republic of the vs Faroe Islands: Gross savings
Gross savings over time
- Congo, Democratic Republic of the
- Faroe Islands
How they compare
Faroe Islands currently reports 28.8% against 28.7% in Congo, Democratic Republic of the, a difference of 0.1%.
The two have swapped places 2 times across 7 shared years of data; in 2005 it was Faroe Islands ahead.
Congo, Democratic Republic of the ranks 49th and Faroe Islands ranks 48th of 178 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Congo, Democratic Republic of the | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.9% | 20.6% | 6.7% | Faroe Islands |
| 2010s | 17.9% | 26.1% | 8.1% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Congo, Democratic Republic of the or Faroe Islands?
- Faroe Islands, at 28.8% against 28.7% in Congo, Democratic Republic of the as of 2011.
- What is the difference in gross savings between Congo, Democratic Republic of the and Faroe Islands?
- 0.1%, with Faroe Islands ahead.
- How many years of comparable data are there for Congo, Democratic Republic of the and Faroe Islands?
- 7 years are reported by both, from 2005 to 2011.
- How do Congo, Democratic Republic of the and Faroe Islands rank globally for gross savings?
- Congo, Democratic Republic of the ranks 49th and Faroe Islands ranks 48th 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.