Adjusted savings: gross savings in Bahamas
Bahamas: Adjusted savings: gross savings was 7.9% in 2021. ▲ Rising
Adjusted savings: gross savings in Bahamas, 1977–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Bahamas recorded 7.9% for adjusted savings: gross savings in 2021. That is the lowest value across all 44 years on record.
Compared with earlier readings it is down 34.8% on the previous year and down 62.3% over ten years.
Over the whole period, adjusted savings: gross savings in Bahamas peaked at 34.4% in 1999 and was at its lowest, 7.9%, in 2021.
That places Bahamas 165th out of 178 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Adjusted savings: gross savings in Bahamas, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 17.9% | — |
| 1978 | 11.4% | -36.5% |
| 1979 | 10.9% | -4.3% |
| 1980 | 17.5% | +60.9% |
| 1981 | 14.8% | -15.8% |
| 1982 | 21.5% | +45.9% |
| 1983 | 23.3% | +8.3% |
| 1984 | 14.9% | -36.0% |
| 1985 | 18.5% | +23.7% |
| 1986 | 18.3% | -0.7% |
| 1987 | 18.8% | +2.4% |
| 1989 | 20.7% | +10.3% |
| 1990 | 20.1% | -2.7% |
| 1991 | 15.4% | -23.5% |
| 1992 | 19.9% | +29.3% |
| 1993 | 17.8% | -10.6% |
| 1994 | 17.1% | -3.7% |
| 1995 | 28.1% | +63.8% |
| 1996 | 32.3% | +15.1% |
| 1997 | 29.5% | -8.6% |
| 1998 | 28.4% | -3.9% |
| 1999 | 34.4% | +21.2% |
| 2000 | 33.3% | -3.3% |
| 2001 | 29.4% | -11.5% |
| 2002 | 32.8% | +11.4% |
| 2003 | 31.7% | -3.2% |
| 2004 | 33.2% | +4.6% |
| 2005 | 30.4% | -8.5% |
| 2006 | 27.2% | -10.6% |
| 2007 | 28.4% | +4.5% |
| 2008 | 26.8% | -5.7% |
| 2009 | 25.7% | -3.9% |
| 2010 | 24.0% | -6.7% |
| 2011 | 21.1% | -12.3% |
| 2012 | 21.5% | +2.0% |
| 2013 | 21.2% | -1.2% |
| 2014 | 21.1% | -0.6% |
| 2015 | 22.0% | +4.1% |
| 2016 | 23.2% | +5.6% |
| 2017 | 17.5% | -24.4% |
| 2018 | 16.0% | -8.6% |
| 2019 | 21.2% | +32.4% |
| 2020 | 12.2% | -42.5% |
| 2021 | 7.9% | -34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.4% | 10.9% | 17.9% | 3 |
| 1980s | 18.7% | 14.8% | 23.3% | 9 |
| 1990s | 24.3% | 15.4% | 34.4% | 10 |
| 2000s | 29.9% | 25.7% | 33.3% | 10 |
| 2010s | 20.9% | 16.0% | 24.0% | 10 |
| 2020s | 10.1% | 7.9% | 12.2% | 2 |
Countries ranked near Bahamas
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 5.15 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.643 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 25,369 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.23 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5311 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,956 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.63 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7721 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Bahamas?
- Adjusted savings: gross savings in Bahamas was 7.9% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Bahamas?
- The highest recorded value was 34.4% in 1999.
- What is the lowest adjusted savings: gross savings recorded in Bahamas?
- The lowest recorded value was 7.9% in 2021.
- How does Bahamas rank for adjusted savings: gross savings?
- Bahamas ranks 165th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Bahamas?
- Over the last ten years it is down 62.3%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. 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.