New Zealand vs Tonga: Gross savings
Gross savings over time
- New Zealand
- Tonga
How they compare
New Zealand currently reports 18.9% against 18.5% in Tonga, a difference of 0.4%.
The two have swapped places 5 times across 24 shared years of data; in 2001 it was Tonga ahead.
New Zealand ranks 110th and Tonga ranks 111th of 178 countries.
Across the 3 decades both report, New Zealand averaged higher in 2 and Tonga in 1.
Head to head by decade
| Decade | New Zealand | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.0% | 16.6% | 2.4% | New Zealand |
| 2010s | 19.6% | 17.8% | 1.8% | New Zealand |
| 2020s | 19.0% | 22.5% | 3.5% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, New Zealand or Tonga?
- New Zealand, at 18.9% against 18.5% in Tonga as of 2024.
- What is the difference in gross savings between New Zealand and Tonga?
- 0.4%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Tonga?
- 24 years are reported by both, from 2001 to 2024.
- How do New Zealand and Tonga rank globally for gross savings?
- New Zealand ranks 110th and Tonga ranks 111th 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.