Estonia vs Latvia: Gross savings
Gross savings over time
- Estonia
- Latvia
How they compare
Estonia currently reports 10.30 billion current LCU against 8.91 billion current LCU in Latvia, a difference of 1.39 billion current LCU.
That makes Estonia's figure about 1.2 times Latvia's.
The two have swapped places 8 times across 31 shared years of data; in 1995 it was Estonia ahead.
Globally, Estonia ranks 140th and Latvia ranks 143rd 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.