Iraq vs Low income: Gross savings
Gross savings over time
- Iraq
- Low income
How they compare
Iraq currently reports 31.9% against 20.3% in Low income, a difference of 11.6%.
That makes Iraq's figure about 1.6 times Low income's.
Across all 19 years both countries report, Iraq has been ahead every year.
Iraq ranks 34th and Low income ranks 35th of 178 countries.
Iraq has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iraq | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43.6% | 20.3% | 23.3% | Iraq |
| 2010s | 35.3% | 18.3% | 16.9% | Iraq |
| 2020s | 38.5% | 19.5% | 19.0% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Iraq or Low income?
- Iraq, at 31.9% against 20.3% in Low income as of 2024.
- What is the difference in gross savings between Iraq and Low income?
- 11.6%, with Iraq ahead.
- How many years of comparable data are there for Iraq and Low income?
- 19 years are reported by both, from 2005 to 2024.
- How do Iraq and Low income rank globally for gross savings?
- Iraq ranks 34th and Low income ranks 35th 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.