Germany vs Saudi Arabia: Gross savings
Gross savings over time
- Germany
- Saudi Arabia
How they compare
Saudi Arabia currently reports 1.38 trillion current LCU against 1.18 trillion current LCU in Germany, a difference of 205.20 billion current LCU.
That makes Saudi Arabia's figure about 1.2 times Germany's.
The two have swapped places 5 times across 47 shared years of data; in 1971 it was Germany ahead.
Globally, Germany ranks 60th and Saudi Arabia ranks 59th 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.