India vs Latin America & Caribbean (excluding high income): Adjusted savings: net national savings
Adjusted savings: net national savings over time
- India
- Latin America & Caribbean (excluding high income)
How they compare
India currently reports 18.6% against 3.8% in Latin America & Caribbean (excluding high income), a difference of 14.8%.
That makes India's figure about 4.8 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 5 times across 46 shared years of data; in 1976 it was Latin America & Caribbean (excluding high income) ahead.
India ranks 42nd and Latin America & Caribbean (excluding high income) ranks 45th of 177 countries.
Across the 6 decades both report, India averaged higher in 4 and Latin America & Caribbean (excluding high income) in 2.
Head to head by decade
| Decade | India | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.9% | 11.8% | 3.9% | Latin America & Caribbean (excluding high income) |
| 1980s | 7.7% | 9.1% | 1.4% | Latin America & Caribbean (excluding high income) |
| 1990s | 15.4% | 6.1% | 9.3% | India |
| 2000s | 22.4% | 6.9% | 15.5% | India |
| 2010s | 22.8% | 1.9% | 21.0% | India |
| 2020s | 17.8% | 3.0% | 14.8% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: net national savings, India or Latin America & Caribbean (excluding high income)?
- India, at 18.6% against 3.8% in Latin America & Caribbean (excluding high income) as of 2021.
- What is the difference in adjusted savings: net national savings between India and Latin America & Caribbean (excluding high income)?
- 14.8%, with India ahead.
- How many years of comparable data are there for India and Latin America & Caribbean (excluding high income)?
- 46 years are reported by both, from 1976 to 2021.
- How do India and Latin America & Caribbean (excluding high income) rank globally for adjusted savings: net national savings?
- India ranks 42nd and Latin America & Caribbean (excluding high income) ranks 45th of 177 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: net national savings (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.