Laos vs Mongolia: Gross savings

Laos
22.80 trillion current LCU
in 2016
Mongolia
20.69 trillion current LCU
in 2024
Laos rank
20th
Mongolia rank
22nd

Gross savings over time

  • Laos
  • Mongolia
05.0T10.0T15.0T20.0T25.0T198120022024

How they compare

Laos currently reports 22.80 trillion current LCU against 20.69 trillion current LCU in Mongolia, a difference of 2.12 trillion current LCU.

That makes Laos's figure about 1.1 times Mongolia's.

The two have swapped places 4 times across 22 shared years of data; in 1984 it was Laos ahead.

Globally, Laos ranks 20th and Mongolia ranks 22nd 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.