Italy vs United Kingdom: Gross savings
Gross savings over time
- Italy
- United Kingdom
How they compare
United Kingdom currently reports 687.63 billion current US$ against 597.89 billion current US$ in Italy, a difference of 89.74 billion current US$.
That makes United Kingdom's figure about 1.2 times Italy's.
The two have swapped places 12 times across 56 shared years of data; in 1970 it was United Kingdom ahead.
Globally, Italy ranks 10th and United Kingdom ranks 8th 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 indicator is expressed in United States dollars.