Laos vs Mongolia: Gross savings
Gross savings over time
- Laos
- Mongolia
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.
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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.