Panama vs Small states: Gross savings
Gross savings over time
- Panama
- Small states
How they compare
Panama currently reports 33.0% against 21.5% in Small states, a difference of 11.5%.
That makes Panama's figure about 1.5 times Small states's.
The two have swapped places 3 times across 19 shared years of data; in 2006 it was Small states ahead.
Panama ranks 30th and Small states ranks 30th of 178 countries.
Across the 3 decades both report, Panama averaged higher in 2 and Small states in 1.
Head to head by decade
| Decade | Panama | Small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.6% | 28.4% | 1.7% | Small states |
| 2010s | 31.4% | 26.4% | 5.0% | Panama |
| 2020s | 31.2% | 21.8% | 9.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Panama or Small states?
- Panama, at 33.0% against 21.5% in Small states as of 2024.
- What is the difference in gross savings between Panama and Small states?
- 11.5%, with Panama ahead.
- How many years of comparable data are there for Panama and Small states?
- 19 years are reported by both, from 2006 to 2024.
- How do Panama and Small states rank globally for gross savings?
- Panama ranks 30th and Small states ranks 30th 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.