Armenia vs Sweden: Gross savings
Gross savings over time
- Armenia
- Sweden
How they compare
Sweden currently reports 2.01 trillion current LCU against 1.91 trillion current LCU in Armenia, a difference of 97.30 billion current LCU.
That makes Sweden's figure about 1.1 times Armenia's.
The two have swapped places 2 times across 33 shared years of data; in 1993 it was Sweden ahead.
Globally, Armenia ranks 54th and Sweden ranks 52nd of 177 countries.
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.