Adjusted savings: gross savings in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Adjusted savings: gross savings was 20.7% in 2021. ▼ Falling
Adjusted savings: gross savings in Latin America & Caribbean (excluding high income), 1976–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Latin America & Caribbean (excluding high income) stood at 20.7%.
The figure is up 7.0% on the previous year and down 2.4% over ten years.
Over the whole period, adjusted savings: gross savings in Latin America & Caribbean (excluding high income) peaked at 26.7% in 1989 and was at its lowest, 17.4%, in 2018.
That places Latin America & Caribbean (excluding high income) 41st out of 46 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Adjusted savings: gross savings in Latin America & Caribbean (excluding high income), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 22.9% | — |
| 1977 | 22.5% | -1.8% |
| 1978 | 22.1% | -1.5% |
| 1979 | 21.1% | -4.5% |
| 1980 | 22.3% | +5.7% |
| 1981 | 21.6% | -3.1% |
| 1982 | 19.0% | -12.4% |
| 1983 | 18.0% | -5.4% |
| 1984 | 20.6% | +14.5% |
| 1985 | 22.4% | +9.2% |
| 1986 | 18.5% | -17.4% |
| 1987 | 21.8% | +17.3% |
| 1988 | 22.0% | +1.1% |
| 1989 | 26.7% | +21.3% |
| 1990 | 19.7% | -26.2% |
| 1991 | 18.3% | -7.1% |
| 1992 | 17.6% | -3.6% |
| 1993 | 19.2% | +9.4% |
| 1994 | 19.3% | +0.4% |
| 1995 | 17.7% | -8.2% |
| 1996 | 17.8% | +0.3% |
| 1997 | 18.1% | +1.5% |
| 1998 | 18.0% | -0.3% |
| 1999 | 18.1% | +0.3% |
| 2000 | 18.6% | +3.0% |
| 2001 | 18.1% | -2.8% |
| 2002 | 19.0% | +5.2% |
| 2003 | 19.1% | +0.4% |
| 2004 | 21.2% | +10.8% |
| 2005 | 21.1% | -0.5% |
| 2006 | 22.7% | +7.8% |
| 2007 | 22.7% | -0.1% |
| 2008 | 22.5% | -0.7% |
| 2009 | 19.6% | -13.0% |
| 2010 | 21.1% | +7.8% |
| 2011 | 21.2% | +0.3% |
| 2012 | 20.2% | -4.6% |
| 2013 | 19.1% | -5.6% |
| 2014 | 18.1% | -5.1% |
| 2015 | 17.7% | -2.1% |
| 2016 | 17.5% | -1.2% |
| 2017 | 17.4% | -0.2% |
| 2018 | 17.4% | -0.4% |
| 2019 | 17.7% | +1.7% |
| 2020 | 19.3% | +9.3% |
| 2021 | 20.7% | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.1% | 21.1% | 22.9% | 4 |
| 1980s | 21.3% | 18.0% | 26.7% | 10 |
| 1990s | 18.4% | 17.6% | 19.7% | 10 |
| 2000s | 20.4% | 18.1% | 22.7% | 10 |
| 2010s | 18.7% | 17.4% | 21.2% | 10 |
| 2020s | 20.0% | 19.3% | 20.7% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is adjusted savings: gross savings in Latin America & Caribbean (excluding high income)?
- Adjusted savings: gross savings in Latin America & Caribbean (excluding high income) was 20.7% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 26.7% in 1989.
- What is the lowest adjusted savings: gross savings recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 17.4% in 2018.
- How does Latin America & Caribbean (excluding high income) rank for adjusted savings: gross savings?
- Latin America & Caribbean (excluding high income) ranks 41st out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) 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.