Republic of Korea vs Nepal: Gross savings
Gross savings over time
- Republic of Korea
- Nepal
How they compare
Nepal currently reports 35.5% against 35.0% in Republic of Korea, a difference of 0.5%.
The two have swapped places 7 times across 49 shared years of data; in 1976 it was Republic of Korea ahead.
Republic of Korea ranks 26th and Nepal ranks 24th of 178 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 5 and Nepal in 1.
Head to head by decade
| Decade | Republic of Korea | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 29.3% | 16.6% | 12.7% | Republic of Korea |
| 1980s | 33.5% | 16.0% | 17.5% | Republic of Korea |
| 1990s | 37.9% | 16.9% | 21.1% | Republic of Korea |
| 2000s | 33.5% | 28.2% | 5.3% | Republic of Korea |
| 2010s | 34.9% | 37.7% | 2.8% | Nepal |
| 2020s | 34.6% | 33.1% | 1.5% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Republic of Korea or Nepal?
- Nepal, at 35.5% against 35.0% in Republic of Korea as of 2024.
- What is the difference in gross savings between Republic of Korea and Nepal?
- 0.5%, with Nepal ahead.
- How many years of comparable data are there for Republic of Korea and Nepal?
- 49 years are reported by both, from 1976 to 2024.
- How do Republic of Korea and Nepal rank globally for gross savings?
- Republic of Korea ranks 26th and Nepal ranks 24th 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.