Adjusted savings: net national savings in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Adjusted savings: net national savings was 4.1% in 2021. ▼ Falling
Adjusted savings: net national savings in Latin America & the Caribbean (IDA & IBRD countries), 1976–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Latin America & the Caribbean (IDA & IBRD countries) stood at 4.1%.
That represents a change of up 48.7% on the previous year and down 23.9% over ten years.
Over the whole period, adjusted savings: net national savings in Latin America & the Caribbean (IDA & IBRD countries) peaked at 13.9% in 1989 and was at its lowest, 0.7%, in 2016.
That places Latin America & the Caribbean (IDA & IBRD countries) 43rd out of 46 groups with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Adjusted savings: net national savings in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 12.6% | — |
| 1977 | 11.7% | -7.6% |
| 1978 | 11.2% | -3.7% |
| 1979 | 10.2% | -8.7% |
| 1980 | 10.9% | +6.7% |
| 1981 | 9.9% | -9.2% |
| 1982 | 6.7% | -32.5% |
| 1983 | 4.9% | -26.2% |
| 1984 | 7.9% | +60.3% |
| 1985 | 9.3% | +17.5% |
| 1986 | 5.8% | -37.3% |
| 1987 | 9.4% | +60.7% |
| 1988 | 9.6% | +2.1% |
| 1989 | 13.9% | +44.7% |
| 1990 | 7.1% | -48.8% |
| 1991 | 6.4% | -10.2% |
| 1992 | 6.0% | -5.9% |
| 1993 | 7.6% | +26.1% |
| 1994 | 7.6% | +1.1% |
| 1995 | 5.8% | -23.9% |
| 1996 | 6.5% | +11.6% |
| 1997 | 6.4% | -1.7% |
| 1998 | 5.5% | -14.1% |
| 1999 | 5.0% | -9.3% |
| 2000 | 5.7% | +15.5% |
| 2001 | 5.0% | -12.7% |
| 2002 | 5.7% | +12.8% |
| 2003 | 5.3% | -5.6% |
| 2004 | 7.7% | +44.5% |
| 2005 | 7.9% | +2.8% |
| 2006 | 10.0% | +26.6% |
| 2007 | 10.2% | +1.2% |
| 2008 | 9.5% | -6.7% |
| 2009 | 4.9% | -48.8% |
| 2010 | 6.1% | +24.8% |
| 2011 | 5.4% | -10.7% |
| 2012 | 3.5% | -35.0% |
| 2013 | 2.6% | -27.4% |
| 2014 | 1.4% | -44.3% |
| 2015 | 1.4% | -0.1% |
| 2016 | 0.7% | -49.8% |
| 2017 | 1.2% | +71.7% |
| 2018 | 1.2% | +1.7% |
| 2019 | 1.4% | +14.4% |
| 2020 | 2.8% | +94.4% |
| 2021 | 4.1% | +48.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.4% | 10.2% | 12.6% | 4 |
| 1980s | 8.8% | 4.9% | 13.9% | 10 |
| 1990s | 6.4% | 5.0% | 7.6% | 10 |
| 2000s | 7.2% | 4.9% | 10.2% | 10 |
| 2010s | 2.5% | 0.7% | 6.1% | 10 |
| 2020s | 3.4% | 2.8% | 4.1% | 2 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is adjusted savings: net national savings in Latin America & the Caribbean (IDA & IBRD countries)?
- Adjusted savings: net national savings in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 13.9% in 1989.
- What is the lowest adjusted savings: net national savings recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.7% in 2016.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for adjusted savings: net national savings?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 43rd out of 46 groups with data for 2021.
- Is adjusted savings: net national savings rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 23.9%. The long-run trend across the full record is falling.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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
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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.