India vs Panama: Gross savings
Gross savings over time
- India
- Panama
How they compare
India currently reports 34.7% against 33.0% in Panama, a difference of 1.7%.
That makes India's figure about 1.1 times Panama's.
The two have swapped places 9 times across 48 shared years of data; in 1977 it was Panama ahead.
India ranks 27th and Panama ranks 30th of 178 countries.
Across the 6 decades both report, India averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | India | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 15.4% | 28.6% | 13.2% | Panama |
| 1980s | 16.5% | 17.9% | 1.3% | Panama |
| 1990s | 24.9% | 20.7% | 4.2% | India |
| 2000s | 32.4% | 22.9% | 9.5% | India |
| 2010s | 33.1% | 31.4% | 1.8% | India |
| 2020s | 32.2% | 31.2% | 1.0% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, India or Panama?
- India, at 34.7% against 33.0% in Panama as of 2025.
- What is the difference in gross savings between India and Panama?
- 1.7%, with India ahead.
- How many years of comparable data are there for India and Panama?
- 48 years are reported by both, from 1977 to 2024.
- How do India and Panama rank globally for gross savings?
- India ranks 27th and Panama ranks 30th 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.