Adjusted savings: net national savings in Jamaica
Jamaica: Adjusted savings: net national savings was 28.7% in 2021. ◆ Volatile
Adjusted savings: net national savings in Jamaica, 1976–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Jamaica is 28.7%, measured in 2021. That is the highest value across all 46 years on record.
That represents a change of up 37.6% on the previous year and up 3,782.7% over ten years.
Over the whole period, adjusted savings: net national savings in Jamaica peaked at 28.7% in 2021 and was at its lowest, -5.5%, in 1976.
Jamaica ranks 12th of 177 countries 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: net national savings in Jamaica, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | -5.5% | — |
| 1977 | -1.9% | -65.7% |
| 1978 | 0.8% | -144.7% |
| 1979 | 1.4% | +67.1% |
| 1980 | -3.9% | -379.1% |
| 1981 | -4.4% | +12.6% |
| 1982 | -5.0% | +14.7% |
| 1983 | 0.1% | -101.7% |
| 1984 | -2.4% | -2846.4% |
| 1985 | -2.1% | -9.6% |
| 1986 | 3.2% | -249.8% |
| 1987 | 5.7% | +77.5% |
| 1988 | 15.6% | +175.5% |
| 1989 | 12.8% | -18.1% |
| 1990 | 11.5% | -9.9% |
| 1991 | 11.0% | -4.7% |
| 1992 | 19.9% | +81.3% |
| 1993 | 27.7% | +39.4% |
| 1994 | 19.7% | -28.8% |
| 1995 | 17.2% | -12.9% |
| 1996 | 16.2% | -5.5% |
| 1997 | 15.3% | -6.0% |
| 1998 | 11.6% | -24.2% |
| 1999 | 10.8% | -6.7% |
| 2000 | 9.2% | -15.1% |
| 2001 | 10.1% | +10.7% |
| 2002 | 9.1% | -10.8% |
| 2003 | 10.9% | +20.4% |
| 2004 | 14.0% | +28.6% |
| 2005 | 7.9% | -43.8% |
| 2006 | 10.2% | +29.3% |
| 2007 | 8.0% | -21.3% |
| 2008 | -1.8% | -122.2% |
| 2009 | 5.2% | -390.5% |
| 2010 | 5.6% | +7.3% |
| 2011 | 0.7% | -86.7% |
| 2012 | 3.2% | +337.3% |
| 2013 | 4.1% | +28.4% |
| 2014 | 6.4% | +55.1% |
| 2015 | 10.7% | +66.7% |
| 2016 | 14.0% | +31.0% |
| 2017 | 14.6% | +3.6% |
| 2018 | 15.5% | +6.4% |
| 2019 | 15.7% | +1.6% |
| 2020 | 20.8% | +32.5% |
| 2021 | 28.7% | +37.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.3% | -5.5% | 1.4% | 4 |
| 1980s | 1.9% | -5.0% | 15.6% | 10 |
| 1990s | 16.1% | 10.8% | 27.7% | 10 |
| 2000s | 8.3% | -1.8% | 14.0% | 10 |
| 2010s | 9.1% | 0.7% | 15.7% | 10 |
| 2020s | 24.8% | 20.8% | 28.7% | 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)
- Total reserves minus gold (current US$), annual growth rate 11.9 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2776 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,222 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.08 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 13.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 111,319 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0497 constant 2015 US$ 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 28.7% 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 28.7% in 2021.
- What is the lowest adjusted savings: net national savings recorded in Jamaica?
- The lowest recorded value was -5.5% in 1976.
- How does Jamaica rank for adjusted savings: net national savings?
- Jamaica ranks 12th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Jamaica?
- Over the last ten years it is up 3,782.7%. 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 (% 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.