Adjusted savings: gross savings in Barbados
Barbados: Adjusted savings: gross savings was 5.6% in 2017. ◆ Volatile
Adjusted savings: gross savings in Barbados, 1986–2017
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Barbados recorded 5.6% for adjusted savings: gross savings in 2017.
That represents a change of up 77.8% on the previous year and down 60.3% over ten years.
Over the whole period, adjusted savings: gross savings in Barbados peaked at 32.1% in 1988 and was at its lowest, 2.3%, in 2011.
Barbados ranks 170th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Barbados, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1986 | 29.0% | — |
| 1987 | 27.2% | -6.3% |
| 1988 | 32.1% | +17.9% |
| 1989 | 31.8% | -0.8% |
| 1990 | 15.6% | -50.9% |
| 1991 | 14.0% | -10.4% |
| 1992 | 14.7% | +5.0% |
| 1993 | 13.5% | -8.5% |
| 1994 | 15.5% | +14.9% |
| 1995 | 9.3% | -39.8% |
| 1996 | 10.9% | +17.3% |
| 1997 | 10.0% | -8.2% |
| 1998 | 12.7% | +27.0% |
| 1999 | 11.6% | -8.8% |
| 2000 | 11.0% | -5.3% |
| 2001 | 8.8% | -19.9% |
| 2002 | 9.9% | +12.4% |
| 2003 | 12.4% | +24.9% |
| 2004 | 8.4% | -32.0% |
| 2005 | 4.0% | -52.2% |
| 2006 | 8.7% | +116.3% |
| 2007 | 14.1% | +62.8% |
| 2008 | 8.7% | -38.6% |
| 2009 | 7.6% | -12.9% |
| 2010 | 6.9% | -9.4% |
| 2011 | 2.3% | -67.0% |
| 2012 | 4.8% | +110.6% |
| 2013 | 5.6% | +18.5% |
| 2014 | 4.9% | -12.3% |
| 2015 | 5.5% | +11.0% |
| 2016 | 3.2% | -42.6% |
| 2017 | 5.6% | +77.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 30.0% | 27.2% | 32.1% | 4 |
| 1990s | 12.8% | 9.3% | 15.6% | 10 |
| 2000s | 9.4% | 4.0% | 14.1% | 10 |
| 2010s | 4.8% | 2.3% | 6.9% | 8 |
Countries ranked near Barbados
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 327.59 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0301 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Barbados?
- Adjusted savings: gross savings in Barbados was 5.6% in 2017, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Barbados?
- The highest recorded value was 32.1% in 1988.
- What is the lowest adjusted savings: gross savings recorded in Barbados?
- The lowest recorded value was 2.3% in 2011.
- How does Barbados rank for adjusted savings: gross savings?
- Barbados ranks 170th out of 178 countries with data for 2017.
- Is adjusted savings: gross savings rising or falling in Barbados?
- Over the last ten years it is down 60.3%. The long-run trend across the full record is volatile.
- Where does this Barbados 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.