Euro area vs Ireland: Gross savings
Gross savings over time
- Euro area
- Ireland
How they compare
Ireland currently reports 34.9% against 24.0% in Euro area, a difference of 10.9%.
That makes Ireland's figure about 1.5 times Euro area's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Ireland ahead.
Euro area ranks 22nd and Ireland ranks 25th of 42 groups.
Across the 3 decades both report, Euro area averaged higher in 1 and Ireland in 2.
Head to head by decade
| Decade | Euro area | Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.0% | 22.5% | 0.5% | Euro area |
| 2010s | 23.3% | 26.6% | 3.3% | Ireland |
| 2020s | 24.7% | 34.1% | 9.4% | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Euro area or Ireland?
- Ireland, at 34.9% against 24.0% in Euro area as of 2024.
- What is the difference in gross savings between Euro area and Ireland?
- 10.9%, with Ireland ahead.
- How many years of comparable data are there for Euro area and Ireland?
- 20 years are reported by both, from 2005 to 2024.
- How do Euro area and Ireland rank globally for gross savings?
- Euro area ranks 22nd and Ireland ranks 25th of 42 groups.
- 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.