Europe & Central Asia vs Kuwait: Gross savings
Gross savings over time
- Europe & Central Asia
- Kuwait
How they compare
Kuwait currently reports 36.6% against 23.9% in Europe & Central Asia, a difference of 12.7%.
That makes Kuwait's figure about 1.5 times Europe & Central Asia's.
The two have swapped places 6 times across 46 shared years of data; in 1975 it was Kuwait ahead.
Europe & Central Asia ranks 21st and Kuwait ranks 18th of 46 groups.
Kuwait has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 23.7% | 57.4% | 33.7% | Kuwait |
| 1980s | 22.2% | 42.9% | 20.7% | Kuwait |
| 1990s | 22.4% | 29.7% | 7.3% | Kuwait |
| 2000s | 22.7% | 43.8% | 21.1% | Kuwait |
| 2010s | 23.3% | 40.1% | 16.9% | Kuwait |
| 2020s | 25.2% | 35.2% | 10.0% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Europe & Central Asia or Kuwait?
- Kuwait, at 36.6% against 23.9% in Europe & Central Asia as of 2024.
- What is the difference in gross savings between Europe & Central Asia and Kuwait?
- 12.7%, with Kuwait ahead.
- How many years of comparable data are there for Europe & Central Asia and Kuwait?
- 46 years are reported by both, from 1975 to 2024.
- How do Europe & Central Asia and Kuwait rank globally for gross savings?
- Europe & Central Asia ranks 21st and Kuwait ranks 18th 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.