Sub-Saharan Africa vs Türkiye: Gross savings
Gross savings over time
- Sub-Saharan Africa
- Türkiye
How they compare
Türkiye currently reports 30.3% against 18.2% in Sub-Saharan Africa, a difference of 12.1%.
That makes Türkiye's figure about 1.7 times Sub-Saharan Africa's.
Across all 41 years both countries report, Türkiye has been ahead every year.
Sub-Saharan Africa ranks 38th and Türkiye ranks 37th of 46 groups.
Türkiye has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Sub-Saharan Africa | Türkiye | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 19.1% | 30.5% | 11.5% | Türkiye |
| 1990s | 16.7% | 23.3% | 6.7% | Türkiye |
| 2000s | 19.8% | 23.8% | 4.0% | Türkiye |
| 2010s | 19.2% | 27.2% | 8.0% | Türkiye |
| 2020s | 19.1% | 32.7% | 13.6% | Türkiye |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Sub-Saharan Africa or Türkiye?
- Türkiye, at 30.3% against 18.2% in Sub-Saharan Africa as of 2024.
- What is the difference in gross savings between Sub-Saharan Africa and Türkiye?
- 12.1%, with Türkiye ahead.
- How many years of comparable data are there for Sub-Saharan Africa and Türkiye?
- 41 years are reported by both, from 1980 to 2024.
- How do Sub-Saharan Africa and Türkiye rank globally for gross savings?
- Sub-Saharan Africa ranks 38th and Türkiye ranks 37th 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.