Europe & Central Asia (IDA & IBRD countries) vs Tanzania: Gross savings
Gross savings over time
- Europe & Central Asia (IDA & IBRD countries)
- Tanzania
How they compare
Tanzania currently reports 36.5% against 25.0% in Europe & Central Asia (IDA & IBRD countries), a difference of 11.5%.
That makes Tanzania's figure about 1.5 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 8 times across 31 shared years of data; in 1994 it was Tanzania ahead.
Europe & Central Asia (IDA & IBRD countries) ranks 20th and Tanzania ranks 20th of 42 groups.
Across the 4 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 1 and Tanzania in 3.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.5% | 30.3% | 6.8% | Tanzania |
| 2000s | 25.4% | 24.1% | 1.3% | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 24.8% | 26.8% | 2.0% | Tanzania |
| 2020s | 27.5% | 36.4% | 8.9% | Tanzania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Europe & Central Asia (IDA & IBRD countries) or Tanzania?
- Tanzania, at 36.5% against 25.0% in Europe & Central Asia (IDA & IBRD countries) as of 2024.
- What is the difference in gross savings between Europe & Central Asia (IDA & IBRD countries) and Tanzania?
- 11.5%, with Tanzania ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Tanzania?
- 31 years are reported by both, from 1994 to 2024.
- How do Europe & Central Asia (IDA & IBRD countries) and Tanzania rank globally for gross savings?
- Europe & Central Asia (IDA & IBRD countries) ranks 20th and Tanzania ranks 20th 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.
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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.