Heavily indebted poor countries (HIPC) vs Japan: Gross savings
Gross savings over time
- Heavily indebted poor countries (HIPC)
- Japan
How they compare
Japan currently reports 32.1% against 20.1% in Heavily indebted poor countries (HIPC), a difference of 12.0%.
That makes Japan's figure about 1.6 times Heavily indebted poor countries (HIPC)'s.
Across all 20 years both countries report, Japan has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 31st and Japan ranks 32nd of 42 groups.
Japan has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Japan | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.8% | 29.7% | 12.9% | Japan |
| 2010s | 19.4% | 28.4% | 9.0% | Japan |
| 2020s | 20.1% | 30.9% | 10.8% | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Heavily indebted poor countries (HIPC) or Japan?
- Japan, at 32.1% against 20.1% in Heavily indebted poor countries (HIPC) as of 2024.
- What is the difference in gross savings between Heavily indebted poor countries (HIPC) and Japan?
- 12.0%, with Japan ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Japan?
- 20 years are reported by both, from 2005 to 2024.
- How do Heavily indebted poor countries (HIPC) and Japan rank globally for gross savings?
- Heavily indebted poor countries (HIPC) ranks 31st and Japan ranks 32nd 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.