Adjusted savings: net national savings in Latin America & Caribbean
Latin America & Caribbean: Adjusted savings: net national savings was 4.1% in 2021. ▼ Falling
Adjusted savings: net national savings in Latin America & Caribbean, 1977–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Latin America & Caribbean stood at 4.1%.
The figure is up 49.0% on the previous year and down 24.9% over ten years.
Over the whole period, adjusted savings: net national savings in Latin America & Caribbean peaked at 13.9% in 1989 and was at its lowest, 0.8%, in 2016.
That places Latin America & Caribbean 44th out of 46 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Adjusted savings: net national savings in Latin America & Caribbean, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 11.7% | — |
| 1978 | 11.3% | -3.7% |
| 1979 | 10.3% | -8.6% |
| 1980 | 11.0% | +6.5% |
| 1981 | 10.0% | -9.2% |
| 1982 | 6.8% | -31.7% |
| 1983 | 5.1% | -24.7% |
| 1984 | 8.0% | +56.9% |
| 1985 | 9.4% | +17.5% |
| 1986 | 6.0% | -36.7% |
| 1987 | 9.5% | +58.2% |
| 1988 | 9.7% | +2.2% |
| 1989 | 13.9% | +44.1% |
| 1990 | 7.2% | -48.4% |
| 1991 | 6.4% | -10.9% |
| 1992 | 6.0% | -6.0% |
| 1993 | 7.6% | +25.8% |
| 1994 | 7.7% | +1.2% |
| 1995 | 5.9% | -23.3% |
| 1996 | 6.5% | +11.3% |
| 1997 | 6.4% | -1.8% |
| 1998 | 5.5% | -14.0% |
| 1999 | 5.1% | -8.2% |
| 2000 | 5.8% | +14.8% |
| 2001 | 5.1% | -12.8% |
| 2002 | 5.8% | +13.5% |
| 2003 | 5.5% | -5.3% |
| 2004 | 7.8% | +42.9% |
| 2005 | 8.0% | +2.0% |
| 2006 | 10.1% | +26.5% |
| 2007 | 10.2% | +0.7% |
| 2008 | 9.5% | -6.6% |
| 2009 | 4.9% | -48.4% |
| 2010 | 6.1% | +24.1% |
| 2011 | 5.4% | -10.5% |
| 2012 | 3.6% | -34.2% |
| 2013 | 2.6% | -26.9% |
| 2014 | 1.5% | -42.9% |
| 2015 | 1.5% | +0.3% |
| 2016 | 0.8% | -45.7% |
| 2017 | 1.3% | +58.9% |
| 2018 | 1.3% | +2.1% |
| 2019 | 1.5% | +15.1% |
| 2020 | 2.7% | +80.3% |
| 2021 | 4.1% | +49.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.1% | 10.3% | 11.7% | 3 |
| 1980s | 8.9% | 5.1% | 13.9% | 10 |
| 1990s | 6.4% | 5.1% | 7.7% | 10 |
| 2000s | 7.3% | 4.9% | 10.2% | 10 |
| 2010s | 2.6% | 0.8% | 6.1% | 10 |
| 2020s | 3.4% | 2.7% | 4.1% | 2 |
Countries ranked near Latin America & Caribbean
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Latin America & Caribbean?
- Adjusted savings: net national savings in Latin America & Caribbean was 4.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Latin America & Caribbean?
- The highest recorded value was 13.9% in 1989.
- What is the lowest adjusted savings: net national savings recorded in Latin America & Caribbean?
- The lowest recorded value was 0.8% in 2016.
- How does Latin America & Caribbean rank for adjusted savings: net national savings?
- Latin America & Caribbean ranks 44th out of 46 groups with data for 2021.
- Is adjusted savings: net national savings rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean 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 — 45 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.