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Faroe Islands - Gross Savings 2004

Name: Faroe Islands Gross Savings 2004
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

25.49% −3.02% from 2003 Global rank: 62nd

Faroe Islands's gross savings was 25.49% in 2004, decreased +3.02% from 28.51% in 2003. This was the 62nd highest globally.

Global Ranking - 2004▾

Gross Savings by Country - 2004
Rank	Country	Value	YoY
1st	Afghanistan	72.57%	21.5%
2nd	Brunei Darussalam	56.77%	-0.3%
3rd	Qatar	53.73%	-9.9%
4th	Macao SAR, China	49.02%	10.8%
5th	Kuwait	48.74%	34.2%
6th	Iran, Islamic Republic of	47.89%	-1.4%
7th	Algeria	47.04%	6.0%
8th	China	45.37%	7.9%
9th	Libya	43.88%	-11.0%
10th	Saudi Arabia	41.66%	28.2%
11th	Singapore	40.61%	-2.2%
12th	Guinea	40.08%	156.8%
13th	Morocco	39.36%	43.8%
14th	Sudan	36.96%	176.9%
15th	Switzerland	36.89%	-0.9%
16th	Oman	36.79%	4.3%
17th	Philippines	36.23%	82.5%
18th	Bhutan	35.82%	-2.4%
19th	Korea	35.53%	7.1%
20th	Angola	35.21%	27.2%
21st	Malaysia	35.14%	-3.2%
22nd	Eswatini	35.12%	4.7%
23rd	Botswana	34.27%	23.4%
24th	Norway	34.26%	8.4%
25th	Zambia	34.00%	24.1%
26th	Mongolia	33.66%	66.6%
27th	Viet Nam	33.47%	39.0%
28th	India	33.33%	0.5%
29th	Luxembourg	33.15%	16.5%
30th	Bahamas, The	32.70%	35.7%
31st	Hong Kong SAR, China	32.31%	-2.6%
32nd	Gabon	32.12%	-20.6%
33rd	Albania	31.66%	21.1%
34th	Bangladesh	31.58%	16.3%
35th	Lesotho	31.07%	20.1%
36th	Trinidad and Tobago	30.42%	10.9%
37th	Papua New Guinea	30.42%	-0.1%
38th	Namibia	30.29%	20.0%
39th	Russian Federation	30.26%	16.7%
40th	Cabo Verde	29.76%	-5.8%
41st	Finland	29.60%	11.7%
42nd	Japan	29.32%	2.0%
43rd	Togo	29.07%	180.4%
44th	São Tomé and Principe	28.93%	-15.1%
45th	Seychelles	28.70%	199.7%
46th	Ukraine	27.90%	-8.3%
47th	Thailand	27.90%	2.9%
48th	Jordan	27.72%	-21.8%
49th	Nepal	27.58%	32.0%
50th	Azerbaijan	27.54%	17.6%
51st	Kazakhstan	27.42%	10.5%
52nd	Belgium	27.19%	11.6%
53rd	Ireland	27.12%	3.4%
54th	Sweden	27.03%	-0.1%
55th	Belarus	26.90%	21.2%
56th	United Arab Emirates	26.41%	-5.4%
57th	Austria	26.30%	1.1%
58th	New Caledonia	26.15%	13.8%
59th	Slovenia	25.91%	2.2%
60th	Denmark	25.75%	3.8%
61st	Czechia	25.73%	7.7%
62nd	Faroe Islands	25.49%	-10.6%
63rd	Netherlands	25.44%	-0.5%
64th	Tanzania	25.29%	16.2%
65th	Uzbekistan	25.26%	16.6%
66th	Dominican Republic	24.77%	2.2%
67th	Chile	24.43%	3.6%
68th	Mauritius	24.13%	-18.4%
69th	Bahrain	24.11%	0.4%
70th	Moldova	24.04%	44.8%
71st	Israel	23.68%	6.0%
72nd	Canada	23.66%	9.0%
73rd	Germany	23.54%	11.7%
74th	Spain	22.89%	-3.4%
75th	Ghana	22.87%	-27.8%
76th	Türkiye	22.79%	6.1%
77th	European Union	22.76%	3.4%
78th	Mozambique	22.56%	7.3%
79th	France	22.43%	4.4%
80th	Estonia	22.24%	-0.4%
81st	Sri Lanka	22.12%	-3.3%
82nd	Slovak Republic	22.03%	2.0%
83rd	Mali	22.00%	47.5%
84th	Yemen, Republic of	21.90%	-1.4%
85th	Chad	21.59%	-0.4%
86th	Australia	21.49%	0.1%
87th	Mexico	21.47%	5.5%
88th	Latvia	21.44%	-6.2%
89th	Jamaica	21.30%	16.8%
90th	Italy	21.16%	1.7%
91st	Egypt, Arab Republic of	21.11%	-2.3%
92nd	Tunisia	21.10%	1.4%
93rd	Georgia	20.96%	-15.6%
94th	Uganda	20.95%	-0.4%
95th	Indonesia	20.76%	-22.3%
96th	Honduras	20.18%	8.7%
97th	Paraguay	20.04%	-3.9%
98th	New Zealand	20.03%	-5.9%
99th	Croatia	19.96%	9.1%
100th	Tonga	19.78%	10.2%
101st	Armenia	19.71%	8.3%
102nd	Syrian Arab Republic	19.56%	27.0%
103rd	Guyana	19.29%	196.0%
104th	Ecuador	18.97%	30.6%
105th	Brazil	18.86%	9.3%
106th	Suriname	18.54%	-7.8%
107th	Nigeria	18.53%	35.3%
108th	Panama	18.18%	40.4%
109th	Greece	17.96%	-8.3%
110th	Equatorial Guinea	17.84%	6.7%
111th	Peru	17.84%	14.1%
112th	United States	17.73%	2.2%
113th	Pakistan	17.71%	-6.4%
114th	Malta	17.46%	-13.3%
115th	Aruba	17.25%	-20.0%
116th	Cyprus	17.08%	-6.9%
117th	Bolivia, Plurinational State of	17.05%	16.8%
118th	Congo, Republic of	17.05%	-61.8%
119th	South Africa	16.98%	13.8%
120th	Bulgaria	16.98%	-9.2%
121st	Cameroon	16.92%	14.8%
122nd	Solomon Islands	16.88%	1.6%
123rd	Colombia	16.83%	-5.4%
124th	Maldives	16.76%	-29.4%
125th	Rwanda	16.74%	43.5%
126th	Uruguay	16.72%	18.1%
127th	Hungary	16.71%	2.1%
128th	Madagascar	16.23%	89.2%
129th	Cambodia	16.21%	-21.8%
130th	Vanuatu	15.96%	26.5%
131st	Romania	15.81%	-14.6%
132nd	United Kingdom	15.79%	-0.7%
133rd	Guatemala	15.67%	-23.5%
134th	Lithuania	15.66%	3.7%
135th	Portugal	15.53%	-5.6%
136th	El Salvador	15.45%	4.3%
137th	Kyrgyz Republic	15.41%	-29.2%
138th	Costa Rica	14.88%	8.2%
139th	Lao PDR	14.72%	39.4%
140th	North Macedonia	14.57%	3.7%
141st	Poland	14.49%	-22.7%
142nd	Djibouti	14.10%	-10.7%
143rd	Iraq	13.79%	-
144th	Argentina	13.78%	-25.4%
145th	Iceland	13.72%	-16.2%
146th	Belize	13.67%	93.9%
147th	Senegal	13.56%	-3.4%
148th	Guinea-Bissau	13.53%	-46.2%
149th	Benin	13.26%	48.0%
150th	Congo, Democratic Republic of	12.99%	-16.1%
151st	Nicaragua	12.98%	47.2%
152nd	Niger	12.97%	43.6%
153rd	Serbia	12.65%	6.1%
154th	Tajikistan	12.58%	-5.4%
155th	Myanmar	12.43%	24.0%
156th	Kenya	11.96%	-27.5%
157th	Eritrea	11.31%	-48.0%
158th	Mauritania	11.18%	2.5%
159th	Haiti	10.58%	-8.4%
160th	Barbados	9.89%	-36.0%
161st	Côte d'Ivoire	7.52%	-16.0%
162nd	Comoros	6.97%	-48.5%
163rd	Burundi	6.59%	-4.7%
164th	St. Vincent and the Grenadines	6.48%	-38.5%
165th	Lebanon	6.46%	-8.4%
166th	Gambia, The	6.05%	113.6%
167th	Burkina Faso	5.76%	-25.1%
168th	Bosnia and Herzegovina	5.19%	-43.4%
169th	Central African Republic	4.90%	13.0%
170th	Montenegro	3.59%	-27.2%
171st	Malawi	2.88%	77.1%
172nd	Dominica	1.56%	281.5%
173rd	Sierra Leone	-5.15%	-871.8%
174th	West Bank and Gaza	-6.51%	-525.7%

FAQ

What was Faroe Islands's gross savings in 2004?▾

Faroe Islands's gross savings in 2004 was 25.49%. This ranked 62nd globally.

How did Faroe Islands's gross savings change in 2004?▾

Faroe Islands's gross savings decreased by 10.6% in 2004 compared to 2003.

Which country had the highest gross savings in 2004?▾

Afghanistan had the highest gross savings in 2004 at 72.57%.

What is the gross savings of Faroe Islands in 2004?▾

The gross savings of Faroe Islands in 2004 was 25.49%. This ranked 62nd globally.

How does 2004 compare to 2003 for Faroe Islands's gross savings?▾

Faroe Islands's gross savings went from 28.51% in 2003 to 25.49% in 2004, a 10.6% decrease.

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