Japan vs Sub-Saharan Africa: Gross savings

Japan
32.1%
in 2024
Sub-Saharan Africa
19.3%
in 2021
Japan rank
32nd
Sub-Saharan Africa rank
34th

Gross savings over time

  • Japan
  • Sub-Saharan Africa
0102030199620102024

How they compare

Japan currently reports 32.1% against 19.3% in Sub-Saharan Africa, a difference of 12.8%.

That makes Japan's figure about 1.7 times Sub-Saharan Africa's.

Across all 8 years both countries report, Japan has been ahead every year.

Japan ranks 32nd and Sub-Saharan Africa ranks 34th of 178 countries.

Japan has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Japan Sub-Saharan Africa Difference Ahead
2010s 28.2% 18.3% 9.9% Japan
2020s 30.4% 18.6% 11.8% Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross savings, Japan or Sub-Saharan Africa?
Japan, at 32.1% against 19.3% in Sub-Saharan Africa as of 2024.
What is the difference in gross savings between Japan and Sub-Saharan Africa?
12.8%, with Japan ahead.
How many years of comparable data are there for Japan and Sub-Saharan Africa?
8 years are reported by both, from 2012 to 2021.
How do Japan and Sub-Saharan Africa rank globally for gross savings?
Japan ranks 32nd and Sub-Saharan Africa ranks 34th 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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Japan vs Sub-Saharan Africa: Gross savings. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/gross-savings-percent-of-gdp/japan/sub-saharan-africa/

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About this data

Indicator
Gross savings (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
220 places, 8,006 data points, 1960–2025
Last refreshed

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.