Adjusted savings: gross savings in Latin America & Caribbean
Latin America & Caribbean: Adjusted savings: gross savings was 20.6% in 2021. ▼ Falling
Adjusted savings: gross savings in Latin America & Caribbean, 1977–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Latin America & Caribbean recorded 20.6% for adjusted savings: gross savings in 2021.
The figure is up 6.3% on the previous year and down 2.8% over ten years.
Over the whole period, adjusted savings: gross savings in Latin America & Caribbean peaked at 26.3% in 1989 and was at its lowest, 17.6%, in 1983.
That places Latin America & Caribbean 42nd out of 46 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Adjusted savings: gross savings in Latin America & Caribbean, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 22.0% | — |
| 1978 | 21.7% | -1.4% |
| 1979 | 20.7% | -4.3% |
| 1980 | 21.8% | +4.9% |
| 1981 | 21.0% | -3.6% |
| 1982 | 18.6% | -11.5% |
| 1983 | 17.6% | -5.1% |
| 1984 | 20.1% | +13.9% |
| 1985 | 22.0% | +9.7% |
| 1986 | 18.4% | -16.4% |
| 1987 | 21.6% | +17.5% |
| 1988 | 22.0% | +1.7% |
| 1989 | 26.3% | +19.7% |
| 1990 | 19.8% | -24.9% |
| 1991 | 18.3% | -7.1% |
| 1992 | 17.7% | -3.3% |
| 1993 | 19.2% | +8.5% |
| 1994 | 19.4% | +0.6% |
| 1995 | 18.0% | -6.8% |
| 1996 | 18.1% | +0.5% |
| 1997 | 18.4% | +1.3% |
| 1998 | 18.2% | -0.8% |
| 1999 | 18.2% | +0.1% |
| 2000 | 18.7% | +2.8% |
| 2001 | 18.2% | -2.7% |
| 2002 | 19.2% | +5.1% |
| 2003 | 19.3% | +0.6% |
| 2004 | 21.3% | +10.5% |
| 2005 | 21.2% | -0.3% |
| 2006 | 23.0% | +8.1% |
| 2007 | 23.0% | -0.0% |
| 2008 | 22.6% | -1.5% |
| 2009 | 19.9% | -12.1% |
| 2010 | 21.3% | +7.4% |
| 2011 | 21.2% | -0.6% |
| 2012 | 20.3% | -4.1% |
| 2013 | 19.3% | -5.2% |
| 2014 | 18.3% | -5.1% |
| 2015 | 18.1% | -1.0% |
| 2016 | 17.9% | -1.2% |
| 2017 | 17.8% | -0.7% |
| 2018 | 17.7% | -0.4% |
| 2019 | 18.0% | +1.6% |
| 2020 | 19.4% | +8.0% |
| 2021 | 20.6% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.5% | 20.7% | 22.0% | 3 |
| 1980s | 20.9% | 17.6% | 26.3% | 10 |
| 1990s | 18.5% | 17.7% | 19.8% | 10 |
| 2000s | 20.6% | 18.2% | 23.0% | 10 |
| 2010s | 19.0% | 17.7% | 21.3% | 10 |
| 2020s | 20.0% | 19.4% | 20.6% | 2 |
Countries ranked near Latin America & Caribbean
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Latin America & Caribbean?
- Adjusted savings: gross savings in Latin America & Caribbean was 20.6% 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?
- The highest recorded value was 26.3% in 1989.
- What is the lowest adjusted savings: gross savings recorded in Latin America & Caribbean?
- The lowest recorded value was 17.6% in 1983.
- How does Latin America & Caribbean rank for adjusted savings: gross savings?
- Latin America & Caribbean ranks 42nd out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean 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.