Bermuda vs Faroe Islands: Gross savings

Bermuda

3.74 billion current LCU

in 2023

Faroe Islands

3.87 billion current LCU

in 2011

Bermuda rank

153rd

Faroe Islands rank

151st

Gross savings over time

Bermuda
Faroe Islands

How they compare

Faroe Islands currently reports 3.87 billion current LCU against 3.74 billion current LCU in Bermuda, a difference of 135.90 million current LCU.

Globally, Bermuda ranks 153rd and Faroe Islands ranks 151st of 177 countries.

Individual pages

About this data

Indicator: Gross savings (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 177 places, 6,426 data points, 1960–2025
Last refreshed: 06 August 2026

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.