Europe & Central Asia vs Tanzania: Gross savings
Gross savings over time
- Europe & Central Asia
- Tanzania
How they compare
Tanzania currently reports 36.5% against 24.2% in Europe & Central Asia, a difference of 12.3%.
That makes Tanzania's figure about 1.5 times Europe & Central Asia's.
The two have swapped places 4 times across 32 shared years of data; in 1990 it was Tanzania ahead.
Europe & Central Asia ranks 21st and Tanzania ranks 20th of 42 groups.
Tanzania has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.6% | 31.2% | 8.6% | Tanzania |
| 2000s | 23.3% | 24.1% | 0.8% | Tanzania |
| 2010s | 23.2% | 26.8% | 3.6% | Tanzania |
| 2020s | 25.1% | 36.4% | 11.3% | Tanzania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Europe & Central Asia or Tanzania?
- Tanzania, at 36.5% against 24.2% in Europe & Central Asia as of 2024.
- What is the difference in gross savings between Europe & Central Asia and Tanzania?
- 12.3%, with Tanzania ahead.
- How many years of comparable data are there for Europe & Central Asia and Tanzania?
- 32 years are reported by both, from 1990 to 2024.
- How do Europe & Central Asia and Tanzania rank globally for gross savings?
- Europe & Central Asia ranks 21st 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.
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.