Iran vs South Korea: Gross savings
Gross savings over time
- Iran
- South Korea
How they compare
South Korea currently reports 948.12 trillion current LCU against 238.28 trillion current LCU in Iran, a difference of 709.84 trillion current LCU.
That makes South Korea's figure about 4.0 times Iran's.
The two have swapped places 1 time across 17 shared years of data; in 1976 it was South Korea ahead.
Globally, Iran ranks 6th and South Korea ranks 3rd 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.