Adjusted savings: net national savings in Barbados
Barbados: Adjusted savings: net national savings was -5.8% in 2017. ◆ Volatile
Adjusted savings: net national savings in Barbados, 1986–2017
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2017, adjusted savings: net national savings in Barbados stood at -5.8%.
The figure is up 30.9% on the previous year and down 281.1% over ten years.
Over the whole period, adjusted savings: net national savings in Barbados peaked at 23.1% in 1989 and was at its lowest, -9.3%, in 2011.
Barbados ranks 168th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Barbados, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1986 | 19.9% | — |
| 1987 | 18.0% | -9.3% |
| 1988 | 23.0% | +27.4% |
| 1989 | 23.1% | +0.5% |
| 1990 | 6.7% | -70.9% |
| 1991 | 5.1% | -24.1% |
| 1992 | 6.2% | +20.7% |
| 1993 | 4.9% | -20.1% |
| 1994 | 6.9% | +41.2% |
| 1995 | -0.4% | -105.8% |
| 1996 | 1.2% | -401.6% |
| 1997 | 0.2% | -87.2% |
| 1998 | 3.2% | +1950.0% |
| 1999 | 1.9% | -40.5% |
| 2000 | 1.3% | -30.2% |
| 2001 | -1.0% | -173.2% |
| 2002 | 0.0% | -101.1% |
| 2003 | 2.3% | +21798.3% |
| 2004 | -2.4% | -204.5% |
| 2005 | -6.2% | +163.0% |
| 2006 | -2.1% | -66.6% |
| 2007 | 3.2% | -254.7% |
| 2008 | -2.2% | -170.0% |
| 2009 | -3.0% | +34.0% |
| 2010 | -4.1% | +35.3% |
| 2011 | -9.3% | +129.3% |
| 2012 | -6.6% | -29.8% |
| 2013 | -5.3% | -18.5% |
| 2014 | -6.1% | +14.4% |
| 2015 | -5.9% | -3.1% |
| 2016 | -8.4% | +42.1% |
| 2017 | -5.8% | -30.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 21.0% | 18.0% | 23.1% | 4 |
| 1990s | 3.6% | -0.4% | 6.9% | 10 |
| 2000s | -1.0% | -6.2% | 3.2% | 10 |
| 2010s | -6.4% | -9.3% | -4.1% | 8 |
Countries ranked near Barbados
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 327.59 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0301 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Barbados?
- Adjusted savings: net national savings in Barbados was -5.8% in 2017, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Barbados?
- The highest recorded value was 23.1% in 1989.
- What is the lowest adjusted savings: net national savings recorded in Barbados?
- The lowest recorded value was -9.3% in 2011.
- How does Barbados rank for adjusted savings: net national savings?
- Barbados ranks 168th out of 177 countries with data for 2017.
- Is adjusted savings: net national savings rising or falling in Barbados?
- Over the last ten years it is down 281.1%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). 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 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.