Iceland vs Rwanda: Gross savings
Gross savings over time
- Iceland
- Rwanda
How they compare
Rwanda currently reports 23.3% against 23.0% in Iceland, a difference of 0.3%.
The two have swapped places 4 times across 15 shared years of data; in 2010 it was Rwanda ahead.
Iceland ranks 88th and Rwanda ranks 86th of 178 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 21.4% | 14.8% | 6.7% | Iceland |
| 2020s | 22.6% | 21.8% | 0.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iceland or Rwanda?
- Rwanda, at 23.3% against 23.0% in Iceland as of 2024.
- What is the difference in gross savings between Iceland and Rwanda?
- 0.3%, with Rwanda ahead.
- How many years of comparable data are there for Iceland and Rwanda?
- 15 years are reported by both, from 2010 to 2024.
- How do Iceland and Rwanda rank globally for gross savings?
- Iceland ranks 88th and Rwanda ranks 86th 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.