Central Europe and the Baltics vs Papua New Guinea: Gross savings
Gross savings over time
- Central Europe and the Baltics
- Papua New Guinea
How they compare
Papua New Guinea currently reports 33.6% against 20.7% in Central Europe and the Baltics, a difference of 12.9%.
That makes Papua New Guinea's figure about 1.6 times Central Europe and the Baltics's.
The two have swapped places 2 times across 10 shared years of data; in 1995 it was Papua New Guinea ahead.
Central Europe and the Baltics ranks 33rd and Papua New Guinea ranks 30th of 46 groups.
Papua New Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Central Europe and the Baltics | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.1% | 24.5% | 2.3% | Papua New Guinea |
| 2000s | 19.8% | 31.7% | 11.9% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Central Europe and the Baltics or Papua New Guinea?
- Papua New Guinea, at 33.6% against 20.7% in Central Europe and the Baltics as of 2004.
- What is the difference in gross savings between Central Europe and the Baltics and Papua New Guinea?
- 12.9%, with Papua New Guinea ahead.
- How many years of comparable data are there for Central Europe and the Baltics and Papua New Guinea?
- 10 years are reported by both, from 1995 to 2004.
- How do Central Europe and the Baltics and Papua New Guinea rank globally for gross savings?
- Central Europe and the Baltics ranks 33rd and Papua New Guinea ranks 30th of 46 groups.
- 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.
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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.