Guinea-Bissau vs Sierra Leone: Gross savings
Gross savings over time
- Guinea-Bissau
- Sierra Leone
How they compare
Sierra Leone currently reports 19.3% against 18.9% in Guinea-Bissau, a difference of 0.4%.
The two have swapped places 14 times across 40 shared years of data; in 1982 it was Sierra Leone ahead.
Guinea-Bissau ranks 112th and Sierra Leone ranks 110th of 178 countries.
Across the 5 decades both report, Guinea-Bissau averaged higher in 4 and Sierra Leone in 1.
Head to head by decade
| Decade | Guinea-Bissau | Sierra Leone | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -3.9% | 9.0% | 12.9% | Sierra Leone |
| 1990s | 2.7% | 1.2% | 1.6% | Guinea-Bissau |
| 2000s | 7.4% | 3.4% | 3.9% | Guinea-Bissau |
| 2010s | 13.0% | 12.5% | 0.5% | Guinea-Bissau |
| 2020s | 18.9% | 12.1% | 6.8% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Guinea-Bissau or Sierra Leone?
- Sierra Leone, at 19.3% against 18.9% in Guinea-Bissau as of 2024.
- What is the difference in gross savings between Guinea-Bissau and Sierra Leone?
- 0.4%, with Sierra Leone ahead.
- How many years of comparable data are there for Guinea-Bissau and Sierra Leone?
- 40 years are reported by both, from 1982 to 2024.
- How do Guinea-Bissau and Sierra Leone rank globally for gross savings?
- Guinea-Bissau ranks 112th and Sierra Leone ranks 110th 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.