Iceland vs Paraguay: Gross savings
Gross savings over time
- Iceland
- Paraguay
How they compare
Paraguay currently reports 23.1% against 23.0% in Iceland, a difference of 0.1%.
The two have swapped places 11 times across 49 shared years of data; in 1976 it was Iceland ahead.
Iceland ranks 88th and Paraguay ranks 87th of 178 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and Paraguay in 4.
Head to head by decade
| Decade | Iceland | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 27.7% | 21.5% | 6.2% | Iceland |
| 1980s | 20.7% | 21.6% | 0.9% | Paraguay |
| 1990s | 18.2% | 21.8% | 3.5% | Paraguay |
| 2000s | 14.6% | 23.6% | 9.0% | Paraguay |
| 2010s | 21.4% | 23.6% | 2.2% | Paraguay |
| 2020s | 22.7% | 22.4% | 0.2% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iceland or Paraguay?
- Paraguay, at 23.1% against 23.0% in Iceland as of 2025.
- What is the difference in gross savings between Iceland and Paraguay?
- 0.1%, with Paraguay ahead.
- How many years of comparable data are there for Iceland and Paraguay?
- 49 years are reported by both, from 1976 to 2025.
- How do Iceland and Paraguay rank globally for gross savings?
- Iceland ranks 88th and Paraguay ranks 87th 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.