Adjusted savings: net national savings in Jamaica
Jamaica: Adjusted savings: net national savings was 4.08 billion current US$ in 2021. ◆ Volatile
Adjusted savings: net national savings in Jamaica, 1976–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: net national savings in Jamaica stood at 4.08 billion current US$. That is the highest value across all 46 years on record.
The figure is up 46.7% on the previous year and up 3,869.8% over ten years.
Over the whole period, adjusted savings: net national savings in Jamaica peaked at 4.08 billion current US$ in 2021 and was at its lowest, -234.13 million current US$, in 2008.
Jamaica ranks 89th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Jamaica, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | -157.98 million current US$ | — |
| 1977 | -59.18 million current US$ | -62.5% |
| 1978 | 20.98 million current US$ | -135.5% |
| 1979 | 31.64 million current US$ | +50.8% |
| 1980 | -96.48 million current US$ | -404.9% |
| 1981 | -124.07 million current US$ | +28.6% |
| 1982 | -157.48 million current US$ | +26.9% |
| 1983 | 2.97 million current US$ | -101.9% |
| 1984 | -49.64 million current US$ | -1770.5% |
| 1985 | -38.71 million current US$ | -22.0% |
| 1986 | 78.88 million current US$ | -303.8% |
| 1987 | 166.60 million current US$ | +111.2% |
| 1988 | 544.68 million current US$ | +226.9% |
| 1989 | 517.62 million current US$ | -5.0% |
| 1990 | 478.75 million current US$ | -7.5% |
| 1991 | 401.84 million current US$ | -16.1% |
| 1992 | 644.11 million current US$ | +60.3% |
| 1993 | 1.45 billion current US$ | +125.6% |
| 1994 | 1.01 billion current US$ | -30.7% |
| 1995 | 1.07 billion current US$ | +6.0% |
| 1996 | 1.16 billion current US$ | +9.2% |
| 1997 | 1.24 billion current US$ | +6.3% |
| 1998 | 981.40 million current US$ | -20.7% |
| 1999 | 924.04 million current US$ | -5.8% |
| 2000 | 793.68 million current US$ | -14.1% |
| 2001 | 888.72 million current US$ | +12.0% |
| 2002 | 824.89 million current US$ | -7.2% |
| 2003 | 965.38 million current US$ | +17.0% |
| 2004 | 1.34 billion current US$ | +39.2% |
| 2005 | 832.78 million current US$ | -38.0% |
| 2006 | 1.15 billion current US$ | +38.5% |
| 2007 | 973.66 million current US$ | -15.6% |
| 2008 | -234.13 million current US$ | -124.0% |
| 2009 | 592.75 million current US$ | -353.2% |
| 2010 | 706.50 million current US$ | +19.2% |
| 2011 | 102.83 million current US$ | -85.4% |
| 2012 | 471.68 million current US$ | +358.7% |
| 2013 | 577.69 million current US$ | +22.5% |
| 2014 | 874.75 million current US$ | +51.4% |
| 2015 | 1.47 billion current US$ | +68.5% |
| 2016 | 1.89 billion current US$ | +28.4% |
| 2017 | 2.09 billion current US$ | +10.6% |
| 2018 | 2.34 billion current US$ | +12.0% |
| 2019 | 2.42 billion current US$ | +3.3% |
| 2020 | 2.78 billion current US$ | +15.0% |
| 2021 | 4.08 billion current US$ | +46.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -41.14 million current US$ | -157.98 million current US$ | 31.64 million current US$ | 4 |
| 1980s | 84.44 million current US$ | -157.48 million current US$ | 544.68 million current US$ | 10 |
| 1990s | 935.99 million current US$ | 401.84 million current US$ | 1.45 billion current US$ | 10 |
| 2000s | 813.50 million current US$ | -234.13 million current US$ | 1.34 billion current US$ | 10 |
| 2010s | 1.30 billion current US$ | 102.83 million current US$ | 2.42 billion current US$ | 10 |
| 2020s | 3.43 billion current US$ | 2.78 billion current US$ | 4.08 billion current US$ | 2 |
Countries ranked near Jamaica
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 135.02 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.08 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.0817 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6471 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,179 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.0815 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 75.69 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Jamaica?
- Adjusted savings: net national savings in Jamaica was 4.08 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Jamaica?
- The highest recorded value was 4.08 billion current US$ in 2021.
- What is the lowest adjusted savings: net national savings recorded in Jamaica?
- The lowest recorded value was -234.13 million current US$ in 2008.
- How does Jamaica rank for adjusted savings: net national savings?
- Jamaica ranks 89th out of 176 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Jamaica?
- Over the last ten years it is up 3,869.8%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.