Adjusted savings: natural resources depletion in Caribbean Small States
Caribbean Small States: Adjusted savings: natural resources depletion was 6.6% in 2021. ◆ Volatile
Adjusted savings: natural resources depletion in Caribbean Small States, 1980–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Caribbean Small States recorded 6.6% for adjusted savings: natural resources depletion in 2021.
Compared with earlier readings it is up 74.3% on the previous year and down 42.8% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Caribbean Small States peaked at 20.3% in 1980 and was at its lowest, 2.2%, in 1998.
Caribbean Small States ranks 5th of 47 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: natural resources depletion in Caribbean Small States, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 20.3% | — |
| 1981 | 17.7% | -12.6% |
| 1982 | 7.4% | -58.2% |
| 1983 | 8.4% | +14.1% |
| 1984 | 8.8% | +4.2% |
| 1985 | 9.0% | +2.1% |
| 1986 | 4.4% | -51.6% |
| 1987 | 5.9% | +34.6% |
| 1988 | 4.4% | -25.2% |
| 1989 | 6.4% | +45.7% |
| 1990 | 8.0% | +25.0% |
| 1991 | 4.9% | -38.4% |
| 1992 | 4.7% | -5.3% |
| 1993 | 4.7% | +1.5% |
| 1994 | 4.8% | +1.7% |
| 1995 | 5.1% | +6.5% |
| 1996 | 5.3% | +3.6% |
| 1997 | 4.2% | -21.0% |
| 1998 | 2.2% | -47.9% |
| 1999 | 3.1% | +44.1% |
| 2000 | 4.0% | +28.4% |
| 2001 | 2.9% | -27.9% |
| 2002 | 3.4% | +15.1% |
| 2003 | 3.8% | +12.4% |
| 2004 | 4.1% | +8.7% |
| 2005 | 6.4% | +56.9% |
| 2006 | 7.5% | +16.0% |
| 2007 | 6.9% | -7.3% |
| 2008 | 7.4% | +7.4% |
| 2009 | 6.9% | -7.7% |
| 2010 | 7.2% | +4.7% |
| 2011 | 11.6% | +61.9% |
| 2012 | 10.6% | -9.0% |
| 2013 | 9.9% | -5.9% |
| 2014 | 7.8% | -21.7% |
| 2015 | 3.7% | -52.2% |
| 2016 | 3.5% | -6.7% |
| 2017 | 4.2% | +19.7% |
| 2018 | 5.3% | +26.8% |
| 2019 | 5.0% | -5.7% |
| 2020 | 3.8% | -23.4% |
| 2021 | 6.6% | +74.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.3% | 4.4% | 20.3% | 10 |
| 1990s | 4.7% | 2.2% | 8.0% | 10 |
| 2000s | 5.3% | 2.9% | 7.5% | 10 |
| 2010s | 6.9% | 3.5% | 11.6% | 10 |
| 2020s | 5.2% | 3.8% | 6.6% | 2 |
Countries ranked near Caribbean Small States
More economy & growth data for Caribbean Small States
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- Services, value added (current US$), per unit of GDP 0.5222 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 10,403 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.45 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4633 constant 2015 US$ per US$ of GDP (2024)
- Inflation, GDP deflator 2.6% (2025)
- GDP 91.37 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per capita 9,230 constant 2015 US$ per person (2024)
- GDP growth 8.0% (2025)
- Services, value added (current US$), annual growth rate 4.36 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Caribbean Small States?
- Adjusted savings: natural resources depletion in Caribbean Small States was 6.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Caribbean Small States?
- The highest recorded value was 20.3% in 1980.
- What is the lowest adjusted savings: natural resources depletion recorded in Caribbean Small States?
- The lowest recorded value was 2.2% in 1998.
- How does Caribbean Small States rank for adjusted savings: natural resources depletion?
- Caribbean Small States ranks 5th out of 47 groups with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Caribbean Small States?
- Over the last ten years it is down 42.8%. The long-run trend across the full record is volatile.
- Where does this Caribbean Small States data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.