Ethiopia vs Latvia: Gross savings
Gross savings over time
- Ethiopia
- Latvia
How they compare
Latvia currently reports 20.7% against 19.7% in Ethiopia, a difference of 1.0%.
That makes Latvia's figure about 1.1 times Ethiopia's.
The two have swapped places 2 times across 14 shared years of data; in 2011 it was Ethiopia ahead.
Ethiopia ranks 102nd and Latvia ranks 99th of 178 countries.
Ethiopia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ethiopia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 30.5% | 23.6% | 6.9% | Ethiopia |
| 2020s | 22.9% | 21.2% | 1.7% | Ethiopia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Ethiopia or Latvia?
- Latvia, at 20.7% against 19.7% in Ethiopia as of 2025.
- What is the difference in gross savings between Ethiopia and Latvia?
- 1.0%, with Latvia ahead.
- How many years of comparable data are there for Ethiopia and Latvia?
- 14 years are reported by both, from 2011 to 2024.
- How do Ethiopia and Latvia rank globally for gross savings?
- Ethiopia ranks 102nd 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.