Gross domestic savings in Latin America & Caribbean
Latin America & Caribbean: Gross domestic savings was 18.1% in 2025. ▼ Falling
Gross domestic savings in Latin America & Caribbean, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Latin America & Caribbean recorded 18.1% for gross domestic savings in 2025.
Compared with earlier readings it is up 0.7% on the previous year and down 2.9% over ten years.
Over the whole period, gross domestic savings in Latin America & Caribbean peaked at 24.6% in 1989 and was at its lowest, 16.7%, in 1996.
That places Latin America & Caribbean 34th out of 43 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Gross domestic savings in Latin America & Caribbean, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 21.3% | — |
| 1961 | 24.2% | +13.4% |
| 1962 | 18.1% | -25.0% |
| 1963 | 19.0% | +4.7% |
| 1964 | 19.9% | +4.6% |
| 1965 | 21.8% | +9.6% |
| 1966 | 21.1% | -3.1% |
| 1967 | 20.1% | -4.6% |
| 1968 | 19.3% | -4.3% |
| 1969 | 20.6% | +6.8% |
| 1970 | 20.4% | -1.0% |
| 1971 | 18.9% | -7.2% |
| 1972 | 19.1% | +0.8% |
| 1973 | 21.3% | +11.8% |
| 1974 | 22.3% | +4.5% |
| 1975 | 22.7% | +1.9% |
| 1976 | 21.3% | -6.2% |
| 1977 | 21.8% | +2.6% |
| 1978 | 21.5% | -1.4% |
| 1979 | 20.6% | -4.1% |
| 1980 | 22.7% | +9.9% |
| 1981 | 21.8% | -4.0% |
| 1982 | 20.6% | -5.2% |
| 1983 | 19.4% | -6.0% |
| 1984 | 21.0% | +8.0% |
| 1985 | 23.1% | +10.3% |
| 1986 | 19.5% | -15.7% |
| 1987 | 22.2% | +13.7% |
| 1988 | 21.5% | -2.8% |
| 1989 | 24.6% | +14.4% |
| 1990 | 20.6% | -16.6% |
| 1991 | 18.9% | -7.9% |
| 1992 | 18.2% | -4.1% |
| 1993 | 18.6% | +2.5% |
| 1994 | 18.6% | -0.3% |
| 1995 | 17.2% | -7.1% |
| 1996 | 16.7% | -2.9% |
| 1997 | 17.1% | +2.3% |
| 1998 | 17.7% | +3.6% |
| 1999 | 18.6% | +4.9% |
| 2000 | 19.0% | +1.9% |
| 2001 | 19.2% | +1.4% |
| 2002 | 19.5% | +1.5% |
| 2003 | 19.0% | -2.9% |
| 2004 | 21.0% | +10.9% |
| 2005 | 20.7% | -1.3% |
| 2006 | 22.1% | +6.7% |
| 2007 | 22.6% | +2.1% |
| 2008 | 22.8% | +1.2% |
| 2009 | 21.9% | -4.3% |
| 2010 | 22.4% | +2.4% |
| 2011 | 20.9% | -6.7% |
| 2012 | 21.0% | +0.6% |
| 2013 | 19.8% | -5.7% |
| 2014 | 19.4% | -1.9% |
| 2015 | 18.6% | -4.2% |
| 2016 | 18.3% | -1.9% |
| 2017 | 18.2% | -0.6% |
| 2018 | 18.5% | +2.0% |
| 2019 | 18.7% | +0.7% |
| 2020 | 18.5% | -0.8% |
| 2021 | 19.6% | +5.8% |
| 2022 | 18.2% | -7.1% |
| 2023 | 18.2% | -0.1% |
| 2024 | 18.0% | -1.2% |
| 2025 | 18.1% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.5% | 18.1% | 24.2% | 10 |
| 1970s | 21.0% | 18.9% | 22.7% | 10 |
| 1980s | 21.6% | 19.4% | 24.6% | 10 |
| 1990s | 18.2% | 16.7% | 20.6% | 10 |
| 2000s | 20.8% | 19.0% | 22.8% | 10 |
| 2010s | 19.6% | 18.2% | 22.4% | 10 |
| 2020s | 18.4% | 18.0% | 19.6% | 6 |
Countries ranked near Latin America & Caribbean
- 31 Papua New Guinea 33.2% compare
- 32 Saudi Arabia 33.2% compare
- 33 Denmark 33.1% compare
- 34 Chad 33.1% compare
- 35 Iran, Islamic Republic of 33.0% compare
- 36 Aruba 33.0% compare
- 37 Benin 32.8% compare
More economy & growth data for Latin America & Caribbean
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 60.29 billion BoP, current US$ (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (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$) 4.28 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Latin America & Caribbean?
- Gross domestic savings in Latin America & Caribbean was 18.1% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Latin America & Caribbean?
- The highest recorded value was 24.6% in 1989.
- What is the lowest gross domestic savings recorded in Latin America & Caribbean?
- The lowest recorded value was 16.7% in 1996.
- How does Latin America & Caribbean rank for gross domestic savings?
- Latin America & Caribbean ranks 34th out of 43 groups with data for 2025.
- Is gross domestic savings rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.