Iran, Islamic Republic of vs Kuwait: Gross savings
Gross savings over time
- Iran, Islamic Republic of
- Kuwait
How they compare
Iran, Islamic Republic of currently reports 37.9% against 36.6% in Kuwait, a difference of 1.3%.
The two have swapped places 2 times across 15 shared years of data; in 1976 it was Kuwait ahead.
Iran, Islamic Republic of ranks 15th and Kuwait ranks 18th of 178 countries.
Across the 4 decades both report, Iran, Islamic Republic of averaged higher in 1 and Kuwait in 3.
Head to head by decade
| Decade | Iran, Islamic Republic of | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 32.7% | 56.3% | 23.6% | Kuwait |
| 1980s | 20.3% | 48.9% | 28.6% | Kuwait |
| 1990s | 35.0% | 27.9% | 7.1% | Iran, Islamic Republic of |
| 2000s | 37.9% | 42.1% | 4.2% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iran, Islamic Republic of or Kuwait?
- Iran, Islamic Republic of, at 37.9% against 36.6% in Kuwait as of 2000.
- What is the difference in gross savings between Iran, Islamic Republic of and Kuwait?
- 1.3%, with Iran, Islamic Republic of ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Kuwait?
- 15 years are reported by both, from 1976 to 2000.
- How do Iran, Islamic Republic of and Kuwait rank globally for gross savings?
- Iran, Islamic Republic of ranks 15th and Kuwait ranks 18th 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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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.