Which has higher gross savings, Faroe Islands or Sri Lanka?

Sri Lanka, at 28.3% against 27.3% in Faroe Islands as of 2024.

How many years of comparable data are there for Faroe Islands and Sri Lanka?

12 years are reported by both, from 1998 to 2009.

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.

Faroe Islands vs Sri Lanka: Gross savings

Faroe Islands

27.3%

in 2011

Sri Lanka

28.3%

in 2024

Faroe Islands rank

57th

Sri Lanka rank

55th

Gross savings over time

Faroe Islands
Sri Lanka

How they compare

Sri Lanka currently reports 28.3% against 27.3% in Faroe Islands, a difference of 1.0%.

The two have swapped places 3 times across 12 shared years of data; in 1998 it was Faroe Islands ahead.

Faroe Islands ranks 57th and Sri Lanka ranks 55th of 178 countries.

Faroe Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Faroe Islands	Sri Lanka	Difference	Ahead
1990s	39.1%	23.4%	15.7%	Faroe Islands
2000s	26.3%	22.6%	3.7%	Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross savings, Faroe Islands or Sri Lanka?: Sri Lanka, at 28.3% against 27.3% in Faroe Islands as of 2024.
What is the difference in gross savings between Faroe Islands and Sri Lanka?: 1.0%, with Sri Lanka ahead.
How many years of comparable data are there for Faroe Islands and Sri Lanka?: 12 years are reported by both, from 1998 to 2009.
How do Faroe Islands and Sri Lanka rank globally for gross savings?: Faroe Islands ranks 57th and Sri Lanka ranks 55th 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.

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Faroe Islands vs Sri Lanka: Gross savings. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-savings-percent-of-gni/faroe-islands/sri-lanka/

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About this data

Indicator: Gross savings (% of GNI)
Unit: % of GNI
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 224 places, 8,327 data points, 1960–2025
Last refreshed: 03 September 2026

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.