Iran, Islamic Republic of vs Lower middle income: Gross savings
Gross savings over time
- Iran, Islamic Republic of
- Lower middle income
How they compare
Iran, Islamic Republic of currently reports 37.9% against 28.0% in Lower middle income, a difference of 9.9%.
That makes Iran, Islamic Republic of's figure about 1.4 times Lower middle income's.
The two have swapped places 2 times across 17 shared years of data; in 1976 it was Iran, Islamic Republic of ahead.
Iran, Islamic Republic of ranks 16th and Lower middle income ranks 13th of 178 countries.
Iran, Islamic Republic of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iran, Islamic Republic of | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 32.5% | 16.1% | 16.4% | Iran, Islamic Republic of |
| 1980s | 20.4% | 18.0% | 2.4% | Iran, Islamic Republic of |
| 1990s | 33.2% | 28.4% | 4.8% | Iran, Islamic Republic of |
| 2000s | 37.9% | 29.1% | 8.8% | Iran, Islamic Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iran, Islamic Republic of or Lower middle income?
- Iran, Islamic Republic of, at 37.9% against 28.0% in Lower middle income as of 2000.
- What is the difference in gross savings between Iran, Islamic Republic of and Lower middle income?
- 9.9%, with Iran, Islamic Republic of ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Lower middle income?
- 17 years are reported by both, from 1976 to 2000.
- How do Iran, Islamic Republic of and Lower middle income rank globally for gross savings?
- Iran, Islamic Republic of ranks 16th and Lower middle income ranks 13th 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.
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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.