Republic of Korea vs Panama: Gross savings
Gross savings over time
- Republic of Korea
- Panama
How they compare
Republic of Korea currently reports 35.0% against 34.9% in Panama, a difference of 0.1%.
The two have swapped places 9 times across 48 shared years of data; in 1977 it was Republic of Korea ahead.
Republic of Korea ranks 26th and Panama ranks 27th of 178 countries.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Republic of Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 30.5% | 28.2% | 2.3% | Republic of Korea |
| 1980s | 33.5% | 18.7% | 14.8% | Republic of Korea |
| 1990s | 37.9% | 21.6% | 16.3% | Republic of Korea |
| 2000s | 33.5% | 24.3% | 9.2% | Republic of Korea |
| 2010s | 34.9% | 33.6% | 1.3% | Republic of Korea |
| 2020s | 34.6% | 32.7% | 1.9% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Republic of Korea or Panama?
- Republic of Korea, at 35.0% against 34.9% in Panama as of 2025.
- What is the difference in gross savings between Republic of Korea and Panama?
- 0.1%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Panama?
- 48 years are reported by both, from 1977 to 2024.
- How do Republic of Korea and Panama rank globally for gross savings?
- Republic of Korea ranks 26th and Panama ranks 27th 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.