Mongolia vs Venezuela, Bolivarian Republic of: Gross savings
Gross savings over time
- Mongolia
- Venezuela, Bolivarian Republic of
How they compare
Mongolia currently reports 25.6% against 25.2% in Venezuela, Bolivarian Republic of, a difference of 0.4%.
The two have swapped places 3 times across 36 shared years of data; in 1981 it was Mongolia ahead.
Mongolia ranks 64th and Venezuela, Bolivarian Republic of ranks 67th of 178 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 17.6% | 19.6% | 1.9% | Venezuela, Bolivarian Republic of |
| 1990s | 34.1% | 90.5% | 56.4% | Venezuela, Bolivarian Republic of |
| 2000s | 29.4% | 98.6% | 69.1% | Venezuela, Bolivarian Republic of |
| 2010s | 24.0% | 49.8% | 25.8% | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Mongolia or Venezuela, Bolivarian Republic of?
- Mongolia, at 25.6% against 25.2% in Venezuela, Bolivarian Republic of as of 2024.
- What is the difference in gross savings between Mongolia and Venezuela, Bolivarian Republic of?
- 0.4%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Venezuela, Bolivarian Republic of?
- 36 years are reported by both, from 1981 to 2016.
- How do Mongolia and Venezuela, Bolivarian Republic of rank globally for gross savings?
- Mongolia ranks 64th and Venezuela, Bolivarian Republic of ranks 67th 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.