Kuwait vs Least developed countries: Gross savings
Gross savings over time
- Kuwait
- Least developed countries
How they compare
Kuwait currently reports 36.6% against 27.1% in Least developed countries, a difference of 9.5%.
That makes Kuwait's figure about 1.3 times Least developed countries's.
The two have swapped places 4 times across 26 shared years of data; in 1996 it was Kuwait ahead.
Kuwait ranks 18th and Least developed countries ranks 16th of 178 countries.
Kuwait has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Kuwait | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 30.5% | 20.4% | 10.1% | Kuwait |
| 2000s | 45.4% | 26.7% | 18.6% | Kuwait |
| 2010s | 40.1% | 26.8% | 13.3% | Kuwait |
| 2020s | 35.2% | 27.7% | 7.6% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Kuwait or Least developed countries?
- Kuwait, at 36.6% against 27.1% in Least developed countries as of 2024.
- What is the difference in gross savings between Kuwait and Least developed countries?
- 9.5%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Least developed countries?
- 26 years are reported by both, from 1996 to 2024.
- How do Kuwait and Least developed countries rank globally for gross savings?
- Kuwait ranks 18th and Least developed countries ranks 16th 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.