Denmark vs Panama: Gross savings
Gross savings over time
- Denmark
- Panama
How they compare
Panama currently reports 34.9% against 34.3% in Denmark, a difference of 0.6%.
The two have swapped places 8 times across 48 shared years of data; in 1977 it was Panama ahead.
Denmark ranks 29th and Panama ranks 27th of 178 countries.
Across the 6 decades both report, Denmark averaged higher in 3 and Panama in 3.
Head to head by decade
| Decade | Denmark | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.5% | 28.2% | 6.7% | Panama |
| 1980s | 19.6% | 18.7% | 0.9% | Denmark |
| 1990s | 23.2% | 21.6% | 1.6% | Denmark |
| 2000s | 25.7% | 24.3% | 1.4% | Denmark |
| 2010s | 26.8% | 33.6% | 6.8% | Panama |
| 2020s | 32.6% | 32.7% | 0.1% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Denmark or Panama?
- Panama, at 34.9% against 34.3% in Denmark as of 2024.
- What is the difference in gross savings between Denmark and Panama?
- 0.6%, with Panama ahead.
- How many years of comparable data are there for Denmark and Panama?
- 48 years are reported by both, from 1977 to 2024.
- How do Denmark and Panama rank globally for gross savings?
- Denmark ranks 29th and Panama ranks 27th 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.