Guinea-Bissau vs Lao People's Democratic Republic: Gross savings
Gross savings over time
- Guinea-Bissau
- Lao People's Democratic Republic
How they compare
Guinea-Bissau currently reports 18.9% against 18.4% in Lao People's Democratic Republic, a difference of 0.5%.
The two have swapped places 6 times across 21 shared years of data; in 1984 it was Lao People's Democratic Republic ahead.
Guinea-Bissau ranks 112th and Lao People's Democratic Republic ranks 115th of 178 countries.
Lao People's Democratic Republic has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -2.8% | 3.4% | 6.3% | Lao People's Democratic Republic |
| 2000s | 7.4% | 15.9% | 8.6% | Lao People's Democratic Republic |
| 2010s | 11.4% | 12.0% | 0.6% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Guinea-Bissau or Lao People's Democratic Republic?
- Guinea-Bissau, at 18.9% against 18.4% in Lao People's Democratic Republic as of 2024.
- What is the difference in gross savings between Guinea-Bissau and Lao People's Democratic Republic?
- 0.5%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Lao People's Democratic Republic?
- 21 years are reported by both, from 1984 to 2016.
- How do Guinea-Bissau and Lao People's Democratic Republic rank globally for gross savings?
- Guinea-Bissau ranks 112th and Lao People's Democratic Republic ranks 115th 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.