China vs Russia: Gross savings
Gross savings over time
- China
- Russia
How they compare
Russia currently reports 61.36 trillion current LCU against 57.58 trillion current LCU in China, a difference of 3.78 trillion current LCU.
That makes Russia's figure about 1.1 times China's.
The two have swapped places 1 time across 31 shared years of data; in 1994 it was China ahead.
Globally, China ranks 17th and Russia ranks 16th of 177 countries.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.