Faroe Islands vs Kazakhstan: Gross savings
Gross savings over time
- Faroe Islands
- Kazakhstan
How they compare
Kazakhstan currently reports 29.0% against 28.8% in Faroe Islands, a difference of 0.2%.
The two have swapped places 1 time across 14 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 48th and Kazakhstan ranks 45th of 178 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and Kazakhstan in 2.
Head to head by decade
| Decade | Faroe Islands | Kazakhstan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 40.4% | 14.4% | 26.0% | Faroe Islands |
| 2000s | 27.1% | 28.1% | 1.0% | Kazakhstan |
| 2010s | 26.1% | 31.6% | 5.5% | Kazakhstan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Faroe Islands or Kazakhstan?
- Kazakhstan, at 29.0% against 28.8% in Faroe Islands as of 2024.
- What is the difference in gross savings between Faroe Islands and Kazakhstan?
- 0.2%, with Kazakhstan ahead.
- How many years of comparable data are there for Faroe Islands and Kazakhstan?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Kazakhstan rank globally for gross savings?
- Faroe Islands ranks 48th and Kazakhstan ranks 45th 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.