Mongolia vs Russian Federation: Gross savings
Gross savings over time
- Mongolia
- Russian Federation
How they compare
Mongolia currently reports 28.9% against 28.8% in Russian Federation, a difference of 0.1%.
The two have swapped places 7 times across 31 shared years of data; in 1994 it was Mongolia ahead.
Mongolia ranks 52nd and Russian Federation ranks 53rd of 178 countries.
Across the 4 decades both report, Mongolia averaged higher in 1 and Russian Federation in 3.
Head to head by decade
| Decade | Mongolia | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 36.0% | 26.3% | 9.8% | Mongolia |
| 2000s | 29.9% | 30.7% | 0.8% | Russian Federation |
| 2010s | 24.9% | 27.2% | 2.2% | Russian Federation |
| 2020s | 27.7% | 30.6% | 2.9% | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Mongolia or Russian Federation?
- Mongolia, at 28.9% against 28.8% in Russian Federation as of 2024.
- What is the difference in gross savings between Mongolia and Russian Federation?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Russian Federation?
- 31 years are reported by both, from 1994 to 2024.
- How do Mongolia and Russian Federation rank globally for gross savings?
- Mongolia ranks 52nd and Russian Federation ranks 53rd 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.