Adjusted savings: net national savings in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Adjusted savings: net national savings was 3.8% in 2021. ◆ Volatile
Adjusted savings: net national savings in Latin America & Caribbean (excluding high income), 1976–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Latin America & Caribbean (excluding high income) stood at 3.8%.
The figure is up 69.0% on the previous year and down 24.4% over ten years.
Over the whole period, adjusted savings: net national savings in Latin America & Caribbean (excluding high income) peaked at 14.1% in 1989 and was at its lowest, -0.1%, in 2016.
That places Latin America & Caribbean (excluding high income) 45th out of 46 groups with data for 2021, putting it 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 Latin America & Caribbean (excluding high income), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 12.9% | — |
| 1977 | 12.1% | -6.4% |
| 1978 | 11.6% | -4.3% |
| 1979 | 10.5% | -9.6% |
| 1980 | 11.3% | +8.0% |
| 1981 | 10.4% | -8.3% |
| 1982 | 7.0% | -32.8% |
| 1983 | 5.2% | -25.5% |
| 1984 | 8.4% | +60.8% |
| 1985 | 9.8% | +16.7% |
| 1986 | 6.0% | -38.8% |
| 1987 | 9.4% | +58.0% |
| 1988 | 9.5% | +0.7% |
| 1989 | 14.1% | +48.6% |
| 1990 | 6.9% | -50.9% |
| 1991 | 6.2% | -10.5% |
| 1992 | 5.8% | -7.4% |
| 1993 | 7.5% | +29.7% |
| 1994 | 7.5% | +0.6% |
| 1995 | 5.4% | -28.0% |
| 1996 | 6.1% | +12.9% |
| 1997 | 6.0% | -2.1% |
| 1998 | 5.1% | -14.6% |
| 1999 | 4.7% | -8.4% |
| 2000 | 5.5% | +17.4% |
| 2001 | 4.7% | -13.8% |
| 2002 | 5.4% | +13.9% |
| 2003 | 5.1% | -6.3% |
| 2004 | 7.5% | +48.0% |
| 2005 | 7.7% | +2.4% |
| 2006 | 9.7% | +26.9% |
| 2007 | 9.8% | +0.9% |
| 2008 | 9.3% | -5.6% |
| 2009 | 4.3% | -53.3% |
| 2010 | 5.6% | +28.5% |
| 2011 | 5.1% | -8.8% |
| 2012 | 3.0% | -41.1% |
| 2013 | 1.9% | -36.0% |
| 2014 | 0.8% | -60.1% |
| 2015 | 0.5% | -37.6% |
| 2016 | -0.1% | -127.5% |
| 2017 | 0.5% | -505.4% |
| 2018 | 0.6% | +16.4% |
| 2019 | 0.8% | +32.9% |
| 2020 | 2.3% | +175.8% |
| 2021 | 3.8% | +69.0% |
Biggest year-on-year movements
Years where Adjusted savings: net national savings in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +505.4% | -0.1% | 0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.8% | 10.5% | 12.9% | 4 |
| 1980s | 9.1% | 5.2% | 14.1% | 10 |
| 1990s | 6.1% | 4.7% | 7.5% | 10 |
| 2000s | 6.9% | 4.3% | 9.8% | 10 |
| 2010s | 1.9% | -0.1% | 5.6% | 10 |
| 2020s | 3.0% | 2.3% | 3.8% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is adjusted savings: net national savings in Latin America & Caribbean (excluding high income)?
- Adjusted savings: net national savings in Latin America & Caribbean (excluding high income) was 3.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 14.1% in 1989.
- What is the lowest adjusted savings: net national savings recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was -0.1% in 2016.
- How does Latin America & Caribbean (excluding high income) rank for adjusted savings: net national savings?
- Latin America & Caribbean (excluding high income) ranks 45th out of 46 groups with data for 2021.
- Is adjusted savings: net national savings rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 24.4%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) 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.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.