Adjusted savings: net national savings in Belize
Belize: Adjusted savings: net national savings was 7.5% in 2021. ◆ Volatile
Adjusted savings: net national savings in Belize, 1984–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Belize stood at 7.5%.
That represents a change of down 29.3% on the previous year and down 25.7% over ten years.
Over the whole period, adjusted savings: net national savings in Belize peaked at 57.2% in 1990 and was at its lowest, 2.5%, in 2003.
That places Belize 99th out of 177 countries with data for 2021, putting it 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 Belize, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | 41.0% | — |
| 1985 | 38.6% | -6.0% |
| 1986 | 43.3% | +12.4% |
| 1987 | 44.8% | +3.5% |
| 1988 | 41.8% | -6.7% |
| 1989 | 42.6% | +1.7% |
| 1990 | 57.2% | +34.5% |
| 1991 | 55.2% | -3.5% |
| 1992 | 30.8% | -44.3% |
| 1993 | 31.8% | +3.5% |
| 1994 | 28.8% | -9.5% |
| 1995 | 28.7% | -0.4% |
| 1996 | 26.9% | -6.0% |
| 1997 | 20.4% | -24.2% |
| 1998 | 18.8% | -7.9% |
| 1999 | 18.1% | -4.0% |
| 2000 | 13.6% | -24.9% |
| 2001 | 6.3% | -53.2% |
| 2002 | 4.5% | -28.6% |
| 2003 | 2.5% | -44.3% |
| 2004 | 4.1% | +63.8% |
| 2005 | 7.2% | +73.6% |
| 2006 | 13.5% | +87.7% |
| 2007 | 12.5% | -7.3% |
| 2008 | 10.1% | -18.7% |
| 2009 | 11.1% | +10.0% |
| 2010 | 8.5% | -24.0% |
| 2011 | 10.1% | +18.6% |
| 2012 | 8.6% | -14.6% |
| 2013 | 6.4% | -25.2% |
| 2014 | 7.1% | +10.6% |
| 2015 | 9.8% | +37.8% |
| 2016 | 10.1% | +3.7% |
| 2017 | 7.1% | -29.8% |
| 2018 | 4.4% | -38.2% |
| 2019 | 5.0% | +14.0% |
| 2020 | 10.6% | +110.6% |
| 2021 | 7.5% | -29.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 42.0% | 38.6% | 44.8% | 6 |
| 1990s | 31.7% | 18.1% | 57.2% | 10 |
| 2000s | 8.5% | 2.5% | 13.6% | 10 |
| 2010s | 7.7% | 4.4% | 10.1% | 10 |
| 2020s | 9.0% | 7.5% | 10.6% | 2 |
Countries ranked near Belize
More economy & growth data for Belize
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 4.52 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.162 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,245 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 9.6 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.5375 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 4,129 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 9.6 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 1.07 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Belize?
- Adjusted savings: net national savings in Belize was 7.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Belize?
- The highest recorded value was 57.2% in 1990.
- What is the lowest adjusted savings: net national savings recorded in Belize?
- The lowest recorded value was 2.5% in 2003.
- How does Belize rank for adjusted savings: net national savings?
- Belize ranks 99th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Belize?
- Over the last ten years it is down 25.7%. The long-run trend across the full record is volatile.
- Where does this Belize 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.