Adjusted savings: net national savings in Guyana
Guyana: Adjusted savings: net national savings was 15.6% in 2005. ◆ Volatile
Adjusted savings: net national savings in Guyana, 1977–2005
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Guyana recorded 15.6% for adjusted savings: net national savings in 2005.
The figure is down 11.2% on the previous year and down 18.7% over ten years.
Over the whole period, adjusted savings: net national savings in Guyana peaked at 23.9% in 1996 and was at its lowest, -24.6%, in 1983.
That places Guyana 53rd out of 177 countries with data for 2005, 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 Guyana, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 1.0% | — |
| 1978 | 8.7% | +770.0% |
| 1979 | 9.6% | +10.4% |
| 1980 | 7.1% | -25.8% |
| 1981 | -11.3% | -258.4% |
| 1982 | -18.4% | +63.1% |
| 1983 | -24.6% | +33.4% |
| 1984 | -5.0% | -79.6% |
| 1985 | -1.8% | -64.1% |
| 1992 | 16.5% | -1016.3% |
| 1993 | 20.3% | +23.5% |
| 1994 | 11.0% | -46.1% |
| 1995 | 19.2% | +75.5% |
| 1996 | 23.9% | +24.1% |
| 1997 | 16.9% | -29.0% |
| 1998 | 13.7% | -19.3% |
| 1999 | 11.2% | -18.0% |
| 2000 | 7.4% | -34.3% |
| 2001 | 4.2% | -42.2% |
| 2002 | 4.3% | +1.8% |
| 2003 | 9.1% | +111.5% |
| 2004 | 17.6% | +92.5% |
| 2005 | 15.6% | -11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.4% | 1.0% | 9.6% | 3 |
| 1980s | -9.0% | -24.6% | 7.1% | 6 |
| 1990s | 16.6% | 11.0% | 23.9% | 8 |
| 2000s | 9.7% | 4.2% | 17.6% | 6 |
Countries ranked near Guyana
- 50 Luxembourg 16.2% compare
- 51 Russian Federation 15.9% compare
- 52 Honduras 15.7% compare
- 54 Republic of Korea 15.5% compare
- 55 Türkiye 15.4% compare
- 56 Denmark 14.8% compare
More economy & growth data for Guyana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 11.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 11.93 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate -6.55 % change on previous year (2005)
- Exports of goods and services (current LCU), per unit of GDP 169.14 current LCU per US$ of GDP (2005)
- Exports of goods and services (current LCU), per capita 183,358 current LCU per person (2005)
- Gross fixed capital formation (current US$), annual growth rate 43.79 % change on previous year (2005)
- Gross fixed capital formation (current US$), per unit of GDP 0.3233 current US$ per US$ of GDP (2005)
- Gross fixed capital formation (current US$), per capita 350.52 current US$ per person (2005)
- Gross fixed capital formation (current LCU), per unit of GDP 64.63 current LCU per US$ of GDP (2005)
- Gross fixed capital formation (current LCU), per capita 70,060 current LCU per person (2005)
Frequently asked questions
- What is adjusted savings: net national savings in Guyana?
- Adjusted savings: net national savings in Guyana was 15.6% in 2005, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Guyana?
- The highest recorded value was 23.9% in 1996.
- What is the lowest adjusted savings: net national savings recorded in Guyana?
- The lowest recorded value was -24.6% in 1983.
- How does Guyana rank for adjusted savings: net national savings?
- Guyana ranks 53rd out of 177 countries with data for 2005.
- Is adjusted savings: net national savings rising or falling in Guyana?
- Over the last ten years it is down 18.7%. The long-run trend across the full record is volatile.
- Where does this Guyana 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.