European Union vs India: Gross savings
Gross savings over time
- European Union
- India
How they compare
India currently reports 35.1% against 23.5% in European Union, a difference of 11.6%.
That makes India's figure about 1.5 times European Union's.
The two have swapped places 1 time across 43 shared years of data; in 1975 it was European Union ahead.
European Union ranks 24th and India ranks 25th of 46 groups.
Across the 6 decades both report, European Union averaged higher in 2 and India in 4.
Head to head by decade
| Decade | European Union | India | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 23.7% | 15.1% | 8.6% | European Union |
| 1980s | 22.1% | 16.6% | 5.5% | European Union |
| 1990s | 23.3% | 23.7% | 0.4% | India |
| 2000s | 22.8% | 32.6% | 9.9% | India |
| 2010s | 23.3% | 33.5% | 10.2% | India |
| 2020s | 24.8% | 33.1% | 8.2% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, European Union or India?
- India, at 35.1% against 23.5% in European Union as of 2025.
- What is the difference in gross savings between European Union and India?
- 11.6%, with India ahead.
- How many years of comparable data are there for European Union and India?
- 43 years are reported by both, from 1975 to 2025.
- How do European Union and India rank globally for gross savings?
- European Union ranks 24th and India ranks 25th 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.