Lower middle income vs Viet Nam: Gross savings
Gross savings over time
- Lower middle income
- Viet Nam
How they compare
Viet Nam currently reports 38.3% against 31.5% in Lower middle income, a difference of 6.8%.
That makes Viet Nam's figure about 1.2 times Lower middle income's.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was Lower middle income ahead.
Lower middle income ranks 12th and Viet Nam ranks 14th of 46 groups.
Across the 4 decades both report, Lower middle income averaged higher in 2 and Viet Nam in 2.
Head to head by decade
| Decade | Lower middle income | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 31.4% | 23.7% | 7.7% | Lower middle income |
| 2000s | 35.1% | 32.1% | 3.0% | Lower middle income |
| 2010s | 29.5% | 33.2% | 3.7% | Viet Nam |
| 2020s | 28.1% | 35.8% | 7.7% | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Lower middle income or Viet Nam?
- Viet Nam, at 38.3% against 31.5% in Lower middle income as of 2024.
- What is the difference in gross savings between Lower middle income and Viet Nam?
- 6.8%, with Viet Nam ahead.
- How many years of comparable data are there for Lower middle income and Viet Nam?
- 29 years are reported by both, from 1996 to 2024.
- How do Lower middle income and Viet Nam rank globally for gross savings?
- Lower middle income ranks 12th and Viet Nam ranks 14th of 46 groups.
- 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.