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Faroe Islands - Gross Savings 2003

Name: Faroe Islands Gross Savings 2003
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

28.51% −5.43% from 2002 Global rank: 38th

Faroe Islands's gross savings was 28.51% in 2003, decreased +5.43% from 33.94% in 2002. This was the 38th highest globally.

Global Ranking - 2003▾

Gross Savings by Country - 2003
Rank	Country	Value	YoY
1st	Afghanistan	59.72%	-2.3%
2nd	Qatar	59.63%	14.0%
3rd	Brunei Darussalam	56.95%	4.5%
4th	Libya	49.31%	77.5%
5th	Iran, Islamic Republic of	48.56%	7.0%
6th	Guinea	44.57%	318.3%
7th	Algeria	44.36%	10.3%
8th	Macao SAR, China	44.25%	6.8%
9th	China	42.16%	9.4%
10th	Singapore	39.40%	-1.4%
11th	Morocco	39.23%	51.1%
12th	Switzerland	37.24%	11.0%
13th	Bhutan	36.70%	-12.4%
14th	Kuwait	36.31%	28.3%
15th	Botswana	35.68%	53.5%
16th	Philippines	35.61%	76.9%
17th	Oman	35.26%	5.8%
18th	Malaysia	34.85%	0.9%
19th	São Tomé and Principe	34.09%	68.7%
20th	Saudi Arabia	33.87%	30.5%
21st	Eswatini	33.54%	-7.1%
22nd	Hong Kong SAR, China	33.17%	6.7%
23rd	Korea	33.09%	4.0%
24th	Gabon	32.73%	-14.6%
25th	Jordan	32.60%	9.7%
26th	Sudan	31.90%	102.5%
27th	Norway	31.75%	-3.1%
28th	Cabo Verde	31.60%	78.8%
29th	Viet Nam	31.49%	27.2%
30th	Bahamas, The	31.20%	28.4%
31st	Congo, Republic of	30.74%	-10.4%
32nd	India	30.47%	-3.2%
33rd	Papua New Guinea	30.46%	32.8%
34th	Bangladesh	30.16%	11.2%
35th	Albania	29.33%	17.1%
36th	Japan	28.72%	0.7%
37th	Kazakhstan	28.52%	23.3%
38th	Faroe Islands	28.51%	-16.0%
39th	Russian Federation	28.27%	11.7%
40th	Finland	28.02%	-6.1%
41st	Thailand	27.97%	5.3%
42nd	United Arab Emirates	27.91%	7.9%
43rd	Trinidad and Tobago	27.42%	1.9%
44th	Zambia	27.40%	40.3%
45th	Sweden	27.04%	4.2%
46th	Mauritius	26.95%	-13.4%
47th	Togo	26.66%	180.1%
48th	Angola	26.25%	-11.9%
49th	Ireland	26.24%	7.8%
50th	Belgium	26.22%	3.9%
51st	Azerbaijan	26.03%	32.5%
52nd	Namibia	26.03%	19.6%
53rd	Austria	26.01%	0.5%
54th	Lesotho	25.86%	-20.1%
55th	Bahrain	25.55%	7.3%
56th	Slovenia	25.55%	-0.6%
57th	Czechia	25.23%	-0.8%
58th	Denmark	25.16%	3.7%
59th	Netherlands	25.14%	7.9%
60th	Nepal	25.13%	18.8%
61st	Mongolia	25.04%	118.1%
62nd	Ukraine	23.91%	-20.6%
63rd	Luxembourg	23.89%	-14.8%
64th	Maldives	23.76%	5.9%
65th	Spain	23.72%	2.9%
66th	Dominican Republic	23.63%	-1.7%
67th	Chile	23.54%	1.8%
68th	New Caledonia	22.97%	16.3%
69th	Belarus	22.88%	11.7%
70th	Tanzania	22.62%	13.0%
71st	Israel	22.44%	0.6%
72nd	Yemen, Republic of	22.22%	-1.8%
73rd	Solomon Islands	22.18%	624.1%
74th	France	22.05%	0.9%
75th	European Union	22.01%	-2.0%
76th	Canada	21.94%	2.2%
77th	Estonia	21.92%	0.3%
78th	Eritrea	21.76%	18.2%
79th	Argentina	21.73%	23.3%
80th	Latvia	21.73%	-0.9%
81st	Slovak Republic	21.72%	-6.6%
82nd	Chad	21.67%	1,032.5%
83rd	Uzbekistan	21.66%	12.8%
84th	Sri Lanka	21.66%	-4.7%
85th	Türkiye	21.44%	-6.6%
86th	New Zealand	21.34%	1.6%
87th	Ghana	21.16%	-21.1%
88th	Germany	21.07%	-4.7%
89th	Australia	21.05%	-1.9%
90th	Mozambique	21.02%	-19.1%
91st	Paraguay	21.00%	-21.4%
92nd	Syrian Arab Republic	20.86%	-10.8%
93rd	Italy	20.80%	-3.5%
94th	Indonesia	20.68%	-11.4%
95th	Tunisia	20.27%	-9.6%
96th	Panama	20.26%	51.0%
97th	Suriname	20.11%	72.6%
98th	Mexico	19.78%	4.8%
99th	Seychelles	19.55%	49.2%
100th	Malta	19.04%	-4.1%
101st	Guinea-Bissau	18.94%	-6.8%
102nd	Honduras	18.81%	-9.0%
103rd	Greece	18.74%	9.1%
104th	Egypt, Arab Republic of	18.65%	-9.4%
105th	Pakistan	18.57%	4.1%
106th	South Africa	18.39%	16.0%
107th	Jamaica	18.24%	12.1%
108th	Croatia	18.12%	4.3%
109th	Ecuador	18.04%	19.1%
110th	Tonga	17.95%	-11.7%
111th	Cyprus	17.94%	-3.7%
112th	Uganda	17.80%	-4.4%
113th	Tajikistan	17.65%	40.5%
114th	United States	17.43%	-4.8%
115th	Moldova	16.87%	-17.6%
116th	Bulgaria	16.81%	-15.6%
117th	Peru	16.80%	14.7%
118th	Equatorial Guinea	16.72%	185.2%
119th	Cambodia	16.70%	-23.1%
120th	United Kingdom	16.50%	2.2%
121st	Brazil	16.42%	5.2%
122nd	Portugal	16.41%	-5.2%
123rd	Georgia	16.35%	-14.3%
124th	Armenia	16.34%	36.9%
125th	Romania	16.32%	-16.3%
126th	Poland	16.18%	-11.8%
127th	Hungary	15.82%	-13.8%
128th	Haiti	15.82%	131.5%
129th	Djibouti	15.79%	43.4%
130th	North Macedonia	15.71%	48.1%
131st	Lithuania	15.53%	-0.1%
132nd	Congo, Democratic Republic of	15.48%	34.1%
133rd	Barbados	15.45%	16.2%
134th	Colombia	15.40%	-3.9%
135th	Iceland	15.19%	-26.9%
136th	Uruguay	14.93%	9.8%
137th	El Salvador	14.81%	-5.0%
138th	Aruba	14.65%	-35.0%
139th	Senegal	14.53%	15.1%
140th	Bolivia, Plurinational State of	14.49%	17.6%
141st	Guatemala	14.34%	-30.6%
142nd	Cameroon	14.19%	5.5%
143rd	Niger	14.01%	60.8%
144th	Nigeria	13.70%	28.7%
145th	Costa Rica	13.42%	-8.7%
146th	Vanuatu	12.62%	1.5%
147th	Belize	12.20%	38.0%
148th	Serbia	11.93%	-13.9%
149th	Rwanda	11.67%	2.9%
150th	Benin	11.37%	14.5%
151st	Guyana	11.18%	78.4%
152nd	Mauritania	10.90%	48.5%
153rd	Madagascar	10.64%	417.5%
154th	Lao PDR	10.56%	-42.5%
155th	St. Vincent and the Grenadines	10.52%	-21.6%
156th	Kyrgyz Republic	10.06%	-50.3%
157th	Myanmar	10.02%	26.2%
158th	Gambia, The	9.79%	88.2%
159th	Nicaragua	9.68%	37.9%
160th	Kenya	9.47%	-35.9%
161st	Côte d'Ivoire	8.95%	3.9%
162nd	Burkina Faso	7.69%	48.8%
163rd	Burundi	6.76%	-21.3%
164th	Bosnia and Herzegovina	5.00%	-51.5%
165th	Montenegro	4.93%	515.1%
166th	Comoros	4.43%	-69.9%
167th	Central African Republic	4.33%	-45.9%
168th	Malawi	1.63%	-71.7%
169th	West Bank and Gaza	1.53%	-87.7%
170th	Dominica	0.41%	126.4%
171st	Mali	-0.29%	-102.1%
172nd	Sierra Leone	-1.15%	-159.5%
173rd	Lebanon	-16.36%	-290.4%

FAQ

What was Faroe Islands's gross savings in 2003?▾

Faroe Islands's gross savings in 2003 was 28.51%. This ranked 38th globally.

How did Faroe Islands's gross savings change in 2003?▾

Faroe Islands's gross savings decreased by 16.0% in 2003 compared to 2002.

Which country had the highest gross savings in 2003?▾

Afghanistan had the highest gross savings in 2003 at 59.72%.

What is the gross savings of Faroe Islands in 2003?▾

The gross savings of Faroe Islands in 2003 was 28.51%. This ranked 38th globally.

How does 2003 compare to 2002 for Faroe Islands's gross savings?▾

Faroe Islands's gross savings went from 33.94% in 2002 to 28.51% in 2003, a 16.0% decrease.

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