Denmark vs Europe & Central Asia (IDA & IBRD countries): Gross savings
Gross savings over time
- Denmark
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Denmark currently reports 35.4% against 25.0% in Europe & Central Asia (IDA & IBRD countries), a difference of 10.4%.
That makes Denmark's figure about 1.4 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 7 times across 31 shared years of data; in 1994 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Denmark ranks 23rd and Europe & Central Asia (IDA & IBRD countries) ranks 20th of 178 countries.
Across the 4 decades both report, Denmark averaged higher in 3 and Europe & Central Asia (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Denmark | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.1% | 23.5% | 0.4% | Europe & Central Asia (IDA & IBRD countries) |
| 2000s | 25.7% | 25.4% | 0.3% | Denmark |
| 2010s | 27.5% | 24.8% | 2.6% | Denmark |
| 2020s | 33.7% | 27.5% | 6.2% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Denmark or Europe & Central Asia (IDA & IBRD countries)?
- Denmark, at 35.4% against 25.0% in Europe & Central Asia (IDA & IBRD countries) as of 2024.
- What is the difference in gross savings between Denmark and Europe & Central Asia (IDA & IBRD countries)?
- 10.4%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Europe & Central Asia (IDA & IBRD countries)?
- 31 years are reported by both, from 1994 to 2024.
- How do Denmark and Europe & Central Asia (IDA & IBRD countries) rank globally for gross savings?
- Denmark ranks 23rd and Europe & Central Asia (IDA & IBRD countries) ranks 20th 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.