Faroe Islands vs Malta: Gross savings

Faroe Islands
3.87 billion current LCU
in 2011
Malta
5.99 billion current LCU
in 2024
Faroe Islands rank
151st
Malta rank
148th

Gross savings over time

  • Faroe Islands
  • Malta
02.0B4.0B6.0B197119972024

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.

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

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.