According to combined data from the International Monetary Fund (IMF), The World Bank and the World Factbook of the CIA, we present you the list of the 5 countries that saves the more money.
- Qatar
With just two millions habitants, this Arabic monarchy has saves a 57, 63% of the Gross Domestic Product (GDP). The truth is that Qataris the country with the most savings in the world and it’s all thanks to its oil and gas wealth.
- Kuwait
The national saving fund it’s 55, 05% of the GDP in the present and the other fact is that Kuwait in comparison of Qatar has the half of the purchasing power and his working population is mostly composed by foreigners.
- China
China has been the center of the attention in the last time by its economic slowdown and increased capital leaks and as its debt. But if you take into account the savings of the country, the relationship is reversed. China has a 47% of saving that practically triplicates the U.S. savings funds, in order to survey a financial storm.
- South Korea
In 2004 South Korea got in the especial club of the country with more than a billion dollars in GDP. There, the export industry has been the engine of this Korean miracle. Today, it constitutes the half of his GDP, The level of debt is down and its saving funds are 35, 70% of its GDP.
- Botswana
Since there Independence in 1966, Botswana has been another case of socioeconomic ascendant. The diamond export, constitutes a third part of his income tax, has been a fundamental part in the growth of this country of 2 million people. The national savings are based fundamentally on the public sector, that is owner partially o total of the mining production. Its saving funds are 34% of its GDP.