Faroe Islands vs Malta: Gross savings
Gross savings over time
- Faroe Islands
- Malta
How they compare
Malta currently reports 5.99 billion current LCU against 3.87 billion current LCU in Faroe Islands, a difference of 2.12 billion current LCU.
That makes Malta's figure about 1.5 times Faroe Islands's.
Across all 14 years both countries report, Faroe Islands has been ahead every year.
Globally, Faroe Islands ranks 151st and Malta ranks 148th 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.