Iraq vs Panama: Gross savings
Gross savings over time
- Iraq
- Panama
How they compare
Panama currently reports 33.0% against 32.0% in Iraq, a difference of 1.0%.
The two have swapped places 7 times across 20 shared years of data; in 2005 it was Iraq ahead.
Iraq ranks 33rd and Panama ranks 30th of 178 countries.
Iraq has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iraq | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 44.4% | 25.0% | 19.3% | Iraq |
| 2010s | 35.9% | 31.4% | 4.5% | Iraq |
| 2020s | 38.4% | 31.2% | 7.3% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iraq or Panama?
- Panama, at 33.0% against 32.0% in Iraq as of 2024.
- What is the difference in gross savings between Iraq and Panama?
- 1.0%, with Panama ahead.
- How many years of comparable data are there for Iraq and Panama?
- 20 years are reported by both, from 2005 to 2024.
- How do Iraq and Panama rank globally for gross savings?
- Iraq ranks 33rd 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.