Italy vs Senegal: Gross savings
Gross savings over time
- Italy
- Senegal
How they compare
Senegal currently reports 23.8% against 23.4% in Italy, a difference of 0.4%.
The two have swapped places 1 time across 50 shared years of data; in 1974 it was Italy ahead.
Italy ranks 84th and Senegal ranks 83rd of 178 countries.
Across the 6 decades both report, Italy averaged higher in 4 and Senegal in 2.
Head to head by decade
| Decade | Italy | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 26.0% | 15.0% | 11.0% | Italy |
| 1980s | 23.1% | 5.0% | 18.1% | Italy |
| 1990s | 21.8% | 6.8% | 15.0% | Italy |
| 2000s | 20.6% | 14.2% | 6.4% | Italy |
| 2010s | 19.2% | 19.7% | 0.5% | Senegal |
| 2020s | 22.8% | 25.5% | 2.7% | Senegal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Italy or Senegal?
- Senegal, at 23.8% against 23.4% in Italy as of 2023.
- What is the difference in gross savings between Italy and Senegal?
- 0.4%, with Senegal ahead.
- How many years of comparable data are there for Italy and Senegal?
- 50 years are reported by both, from 1974 to 2023.
- How do Italy and Senegal rank globally for gross savings?
- Italy ranks 84th and Senegal ranks 83rd 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.