Denmark vs Europe & Central Asia: Gross savings
Gross savings over time
- Denmark
- Europe & Central Asia
How they compare
Denmark currently reports 35.4% against 24.2% in Europe & Central Asia, a difference of 11.2%.
That makes Denmark's figure about 1.5 times Europe & Central Asia's.
The two have swapped places 1 time across 47 shared years of data; in 1975 it was Europe & Central Asia ahead.
Denmark ranks 23rd and Europe & Central Asia ranks 21st of 178 countries.
Across the 6 decades both report, Denmark averaged higher in 4 and Europe & Central Asia in 2.
Head to head by decade
| Decade | Denmark | Europe & Central Asia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.4% | 24.3% | 2.9% | Europe & Central Asia |
| 1980s | 19.0% | 22.7% | 3.7% | Europe & Central Asia |
| 1990s | 23.1% | 22.6% | 0.5% | Denmark |
| 2000s | 25.7% | 23.3% | 2.4% | Denmark |
| 2010s | 27.5% | 23.2% | 4.3% | Denmark |
| 2020s | 33.7% | 25.1% | 8.6% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Denmark or Europe & Central Asia?
- Denmark, at 35.4% against 24.2% in Europe & Central Asia as of 2024.
- What is the difference in gross savings between Denmark and Europe & Central Asia?
- 11.2%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Europe & Central Asia?
- 47 years are reported by both, from 1975 to 2024.
- How do Denmark and Europe & Central Asia rank globally for gross savings?
- Denmark ranks 23rd and Europe & Central Asia ranks 21st 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.