Economy > Saving rate: Countries Compared
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DEFINITION:
""Saving rate"" or gross savings are calculated as gross national income less total consumption, plus net transfers.".
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Interesting observations about Economy > Saving rate
- China ranked first for saving rate amongst Emerging markets in 2009.
- Switzerland ranked first for saving rate amongst High income OECD countries in 2009.
- Romania ranked first for saving rate amongst European Union in 2009.
- Antigua and Barbuda ranked first for saving rate amongst Christian countries in 2009.
- Philippines ranked first for saving rate amongst Catholic countries in 2009.
- United States ranked last for saving rate amongst Group of 7 countries (G7) in 2009.
- Azerbaijan ranked first for saving rate amongst Europe in 2009.
- Norway ranked first for saving rate amongst NATO countries in 2009.
- Libya ranked first for saving rate amongst Hot countries in 2008.
- Slovakia ranked first for saving rate amongst Eurozone in 2009.
- Singapore ranked second for saving rate amongst Heavily indebted countries in 2008.