Benin vs Sub-Saharan Africa (IDA & IBRD countries): Gross savings
Gross savings over time
- Benin
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Benin currently reports 30.6% against 18.2% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 12.4%.
That makes Benin's figure about 1.7 times Sub-Saharan Africa (IDA & IBRD countries)'s.
The two have swapped places 1 time across 40 shared years of data; in 1980 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.
Benin ranks 36th and Sub-Saharan Africa (IDA & IBRD countries) ranks 38th of 178 countries.
Across the 5 decades both report, Benin averaged higher in 1 and Sub-Saharan Africa (IDA & IBRD countries) in 4.
Head to head by decade
| Decade | Benin | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.9% | 19.1% | 14.2% | Sub-Saharan Africa (IDA & IBRD countries) |
| 1990s | 13.2% | 16.7% | 3.5% | Sub-Saharan Africa (IDA & IBRD countries) |
| 2000s | 12.8% | 19.8% | 7.1% | Sub-Saharan Africa (IDA & IBRD countries) |
| 2010s | 15.9% | 19.2% | 3.3% | Sub-Saharan Africa (IDA & IBRD countries) |
| 2020s | 27.5% | 19.4% | 8.1% | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Benin or Sub-Saharan Africa (IDA & IBRD countries)?
- Benin, at 30.6% against 18.2% in Sub-Saharan Africa (IDA & IBRD countries) as of 2023.
- What is the difference in gross savings between Benin and Sub-Saharan Africa (IDA & IBRD countries)?
- 12.4%, with Benin ahead.
- How many years of comparable data are there for Benin and Sub-Saharan Africa (IDA & IBRD countries)?
- 40 years are reported by both, from 1980 to 2023.
- How do Benin and Sub-Saharan Africa (IDA & IBRD countries) rank globally for gross savings?
- Benin ranks 36th and Sub-Saharan Africa (IDA & IBRD countries) ranks 38th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GNI). 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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.