Low income vs Türkiye: Gross savings
Gross savings over time
- Low income
- Türkiye
How they compare
Türkiye currently reports 29.9% against 16.5% in Low income, a difference of 13.4%.
That makes Türkiye's figure about 1.8 times Low income's.
Across all 12 years both countries report, Türkiye has been ahead every year.
Low income ranks 38th and Türkiye ranks 41st of 42 groups.
Türkiye has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Low income | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 17.2% | 27.5% | 10.3% | Türkiye |
| 2020s | 15.7% | 32.6% | 16.8% | Türkiye |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Low income or Türkiye?
- Türkiye, at 29.9% against 16.5% in Low income as of 2024.
- What is the difference in gross savings between Low income and Türkiye?
- 13.4%, with Türkiye ahead.
- How many years of comparable data are there for Low income and Türkiye?
- 12 years are reported by both, from 2011 to 2022.
- How do Low income and Türkiye rank globally for gross savings?
- Low income ranks 38th and Türkiye ranks 41st 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.
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.