Adjusted savings: gross savings in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Adjusted savings: gross savings was 20.7% in 2021. ▼ Falling
Adjusted savings: gross savings in Latin America & the Caribbean (IDA & IBRD countries), 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 & the Caribbean (IDA & IBRD countries) stood at 20.7%.
The figure is up 6.3% on the previous year and down 2.7% over ten years.
Over the whole period, adjusted savings: gross savings in Latin America & the Caribbean (IDA & IBRD countries) peaked at 26.3% in 1989 and was at its lowest, 17.6%, in 1983.
That places Latin America & the Caribbean (IDA & IBRD countries) 40th 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 22.6% | — |
| 1977 | 22.0% | -2.7% |
| 1978 | 21.7% | -1.3% |
| 1979 | 20.8% | -4.3% |
| 1980 | 21.8% | +4.8% |
| 1981 | 21.0% | -3.5% |
| 1982 | 18.6% | -11.6% |
| 1983 | 17.6% | -5.1% |
| 1984 | 20.1% | +14.1% |
| 1985 | 22.0% | +9.7% |
| 1986 | 18.4% | -16.5% |
| 1987 | 21.6% | +17.6% |
| 1988 | 22.0% | +1.6% |
| 1989 | 26.3% | +19.8% |
| 1990 | 19.8% | -25.0% |
| 1991 | 18.4% | -7.1% |
| 1992 | 17.7% | -3.4% |
| 1993 | 19.2% | +8.5% |
| 1994 | 19.4% | +0.6% |
| 1995 | 18.0% | -7.0% |
| 1996 | 18.1% | +0.4% |
| 1997 | 18.3% | +1.3% |
| 1998 | 18.2% | -0.8% |
| 1999 | 18.2% | -0.1% |
| 2000 | 18.7% | +2.9% |
| 2001 | 18.2% | -2.6% |
| 2002 | 19.1% | +5.1% |
| 2003 | 19.2% | +0.6% |
| 2004 | 21.3% | +10.5% |
| 2005 | 21.2% | -0.2% |
| 2006 | 23.0% | +8.2% |
| 2007 | 23.0% | -0.0% |
| 2008 | 22.6% | -1.5% |
| 2009 | 19.9% | -12.1% |
| 2010 | 21.3% | +7.4% |
| 2011 | 21.2% | -0.5% |
| 2012 | 20.4% | -4.2% |
| 2013 | 19.3% | -5.3% |
| 2014 | 18.3% | -5.2% |
| 2015 | 18.1% | -1.1% |
| 2016 | 17.9% | -1.2% |
| 2017 | 17.8% | -0.6% |
| 2018 | 17.7% | -0.4% |
| 2019 | 18.0% | +1.6% |
| 2020 | 19.4% | +8.2% |
| 2021 | 20.7% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.8% | 20.8% | 22.6% | 4 |
| 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 | 20.1% | 19.4% | 20.7% | 2 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0256 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 180.24 billion BoP, current US$ (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -5.85 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is adjusted savings: gross savings in Latin America & the Caribbean (IDA & IBRD countries)?
- Adjusted savings: gross savings in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 26.3% in 1989.
- What is the lowest adjusted savings: gross savings recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 17.6% in 1983.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for adjusted savings: gross savings?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 40th out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is falling.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.