Panama vs Papua New Guinea: Gross savings
Gross savings over time
- Panama
- Papua New Guinea
How they compare
Panama currently reports 34.9% against 33.6% in Papua New Guinea, a difference of 1.3%.
The two have swapped places 10 times across 28 shared years of data; in 1977 it was Papua New Guinea ahead.
Panama ranks 27th and Papua New Guinea ranks 30th of 178 countries.
Across the 4 decades both report, Panama averaged higher in 1 and Papua New Guinea in 3.
Head to head by decade
| Decade | Panama | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.2% | 29.0% | 0.8% | Papua New Guinea |
| 1980s | 18.7% | 15.1% | 3.6% | Panama |
| 1990s | 21.6% | 24.3% | 2.7% | Papua New Guinea |
| 2000s | 21.9% | 31.7% | 9.8% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Panama or Papua New Guinea?
- Panama, at 34.9% against 33.6% in Papua New Guinea as of 2024.
- What is the difference in gross savings between Panama and Papua New Guinea?
- 1.3%, with Panama ahead.
- How many years of comparable data are there for Panama and Papua New Guinea?
- 28 years are reported by both, from 1977 to 2004.
- How do Panama and Papua New Guinea rank globally for gross savings?
- Panama ranks 27th and Papua New Guinea ranks 30th 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.
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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.