Least developed countries vs Tanzania, United Republic of: Gross savings
Gross savings over time
- Least developed countries
- Tanzania, United Republic of
How they compare
Tanzania, United Republic of currently reports 36.5% against 25.3% in Least developed countries, a difference of 11.2%.
That makes Tanzania, United Republic of's figure about 1.4 times Least developed countries's.
The two have swapped places 3 times across 20 shared years of data; in 2005 it was Least developed countries ahead.
Least developed countries ranks 19th and Tanzania, United Republic of ranks 20th of 42 groups.
Across the 3 decades both report, Least developed countries averaged higher in 1 and Tanzania, United Republic of in 2.
Head to head by decade
| Decade | Least developed countries | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.1% | 27.6% | 0.5% | Least developed countries |
| 2010s | 26.4% | 26.8% | 0.4% | Tanzania, United Republic of |
| 2020s | 25.3% | 36.4% | 11.0% | Tanzania, United Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Least developed countries or Tanzania, United Republic of?
- Tanzania, United Republic of, at 36.5% against 25.3% in Least developed countries as of 2024.
- What is the difference in gross savings between Least developed countries and Tanzania, United Republic of?
- 11.2%, with Tanzania, United Republic of ahead.
- How many years of comparable data are there for Least developed countries and Tanzania, United Republic of?
- 20 years are reported by both, from 2005 to 2024.
- How do Least developed countries and Tanzania, United Republic of rank globally for gross savings?
- Least developed countries ranks 19th and Tanzania, United Republic of ranks 20th of 42 groups.
- 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.