Lao People's Democratic Republic vs Madagascar: Gross savings
Gross savings over time
- Lao People's Democratic Republic
- Madagascar
How they compare
Lao People's Democratic Republic currently reports 17.6% against 17.5% in Madagascar, a difference of 0.1%.
The two have swapped places 7 times across 22 shared years of data; in 1984 it was Madagascar ahead.
Lao People's Democratic Republic ranks 116th and Madagascar ranks 117th of 178 countries.
Across the 3 decades both report, Lao People's Democratic Republic averaged higher in 1 and Madagascar in 2.
Head to head by decade
| Decade | Lao People's Democratic Republic | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 3.4% | 18.9% | 15.5% | Madagascar |
| 2000s | 14.6% | 14.1% | 0.5% | Lao People's Democratic Republic |
| 2010s | 11.3% | 13.8% | 2.5% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Lao People's Democratic Republic or Madagascar?
- Lao People's Democratic Republic, at 17.6% against 17.5% in Madagascar as of 2016.
- What is the difference in gross savings between Lao People's Democratic Republic and Madagascar?
- 0.1%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Madagascar?
- 22 years are reported by both, from 1984 to 2016.
- How do Lao People's Democratic Republic and Madagascar rank globally for gross savings?
- Lao People's Democratic Republic ranks 116th and Madagascar ranks 117th 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.