Singapore vs Upper middle income: Gross savings
Gross savings over time
- Singapore
- Upper middle income
How they compare
Singapore currently reports 40.0% against 33.4% in Upper middle income, a difference of 6.6%.
That makes Singapore's figure about 1.2 times Upper middle income's.
Across all 43 years both countries report, Singapore has been ahead every year.
Singapore ranks 9th and Upper middle income ranks 7th of 178 countries.
Singapore has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Singapore | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 40.8% | 30.0% | 10.7% | Singapore |
| 1990s | 48.0% | 31.0% | 17.0% | Singapore |
| 2000s | 43.5% | 34.6% | 8.9% | Singapore |
| 2010s | 45.7% | 35.5% | 10.1% | Singapore |
| 2020s | 41.3% | 34.2% | 7.1% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Singapore or Upper middle income?
- Singapore, at 40.0% against 33.4% in Upper middle income as of 2025.
- What is the difference in gross savings between Singapore and Upper middle income?
- 6.6%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Upper middle income?
- 43 years are reported by both, from 1982 to 2024.
- How do Singapore and Upper middle income rank globally for gross savings?
- Singapore ranks 9th and Upper middle income ranks 7th 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.