European Union vs Nepal: Gross savings
Gross savings over time
- European Union
- Nepal
How they compare
Nepal currently reports 36.0% against 24.0% in European Union, a difference of 12.0%.
That makes Nepal's figure about 1.5 times European Union's.
The two have swapped places 1 time across 41 shared years of data; in 1976 it was European Union ahead.
European Union ranks 23rd and Nepal ranks 21st of 42 groups.
Across the 6 decades both report, European Union averaged higher in 3 and Nepal in 3.
Head to head by decade
| Decade | European Union | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 23.8% | 16.7% | 7.1% | European Union |
| 1980s | 22.0% | 16.0% | 6.0% | European Union |
| 1990s | 23.2% | 15.4% | 7.8% | European Union |
| 2000s | 22.8% | 28.3% | 5.5% | Nepal |
| 2010s | 23.4% | 38.1% | 14.7% | Nepal |
| 2020s | 25.0% | 33.5% | 8.5% | Nepal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, European Union or Nepal?
- Nepal, at 36.0% against 24.0% in European Union as of 2024.
- What is the difference in gross savings between European Union and Nepal?
- 12.0%, with Nepal ahead.
- How many years of comparable data are there for European Union and Nepal?
- 41 years are reported by both, from 1976 to 2024.
- How do European Union and Nepal rank globally for gross savings?
- European Union ranks 23rd and Nepal ranks 21st 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.