Sub-Saharan Africa vs Sweden: Gross savings
Gross savings over time
- Sub-Saharan Africa
- Sweden
How they compare
Sweden currently reports 30.6% against 19.3% in Sub-Saharan Africa, a difference of 11.3%.
That makes Sweden's figure about 1.6 times Sub-Saharan Africa's.
Across all 8 years both countries report, Sweden has been ahead every year.
Sub-Saharan Africa ranks 34th and Sweden ranks 36th of 42 groups.
Sweden has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Sub-Saharan Africa | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 18.3% | 26.7% | 8.5% | Sweden |
| 2020s | 18.6% | 30.5% | 11.9% | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Sub-Saharan Africa or Sweden?
- Sweden, at 30.6% against 19.3% in Sub-Saharan Africa as of 2025.
- What is the difference in gross savings between Sub-Saharan Africa and Sweden?
- 11.3%, with Sweden ahead.
- How many years of comparable data are there for Sub-Saharan Africa and Sweden?
- 8 years are reported by both, from 2012 to 2021.
- How do Sub-Saharan Africa and Sweden rank globally for gross savings?
- Sub-Saharan Africa ranks 34th and Sweden ranks 36th 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.