Gross domestic savings in Latin America & the Caribbean (IDA & IBRD countries)

Latin America & the Caribbean (IDA & IBRD countries): Gross domestic savings was 18.3% in 2025. ▼ Falling

Latest (2025)
18.3%
Change on year
up 0.8%
Rank
32nd
of 43 groups
All-time high
25.3%
in 1989
All-time low
16.5%
in 1996
Years of data
66
1960–2025

Gross domestic savings in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025

0102030196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

Latin America & the Caribbean (IDA & IBRD countries) recorded 18.3% for gross domestic savings in 2025.

The figure is up 0.8% on the previous year and down 0.6% over ten years.

Over the whole period, gross domestic savings in Latin America & the Caribbean (IDA & IBRD countries) peaked at 25.3% in 1989 and was at its lowest, 16.5%, in 1996.

That places Latin America & the Caribbean (IDA & IBRD countries) 32nd out of 43 groups with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 66 years of available data.

Gross domestic savings in Latin America & the Caribbean (IDA & IBRD countries), year by year

Annual values for Gross domestic savings (% of GDP) in Latin America & the Caribbean (IDA & IBRD countries), 1960 to 2025.
Year % of GDP Change
1960 22.0%
1961 24.8% +13.0%
1962 18.7% -24.7%
1963 19.5% +4.3%
1964 20.4% +4.8%
1965 22.3% +9.4%
1966 21.7% -3.0%
1967 20.6% -5.0%
1968 19.7% -4.4%
1969 21.0% +6.6%
1970 20.8% -0.9%
1971 19.4% -6.5%
1972 19.6% +0.9%
1973 22.0% +12.0%
1974 22.9% +4.3%
1975 23.5% +2.7%
1976 22.1% -6.1%
1977 22.7% +2.5%
1978 22.2% -1.8%
1979 21.2% -4.6%
1980 23.2% +9.4%
1981 22.2% -4.2%
1982 21.1% -5.1%
1983 20.0% -5.4%
1984 21.6% +8.1%
1985 23.8% +10.1%
1986 20.0% -15.8%
1987 22.9% +14.1%
1988 22.1% -3.3%
1989 25.3% +14.6%
1990 20.8% -17.9%
1991 19.1% -7.9%
1992 18.2% -4.6%
1993 18.7% +2.4%
1994 18.6% -0.4%
1995 17.2% -7.5%
1996 16.5% -3.9%
1997 16.9% +2.4%
1998 17.5% +3.4%
1999 18.4% +5.1%
2000 18.7% +1.8%
2001 18.9% +0.7%
2002 19.2% +1.6%
2003 18.6% -3.1%
2004 20.7% +11.7%
2005 20.5% -1.3%
2006 22.0% +7.6%
2007 22.5% +2.2%
2008 22.8% +1.3%
2009 21.8% -4.6%
2010 22.3% +2.5%
2011 20.8% -6.7%
2012 20.9% +0.7%
2013 19.7% -5.8%
2014 19.4% -1.9%
2015 18.4% -4.7%
2016 18.0% -2.3%
2017 18.0% -0.2%
2018 18.4% +2.4%
2019 18.6% +0.7%
2020 18.4% -0.6%
2021 19.8% +7.4%
2022 18.4% -7.0%
2023 18.4% +0.1%
2024 18.2% -1.4%
2025 18.3% +0.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 21.1% 18.7% 24.8% 10
1970s 21.6% 19.4% 23.5% 10
1980s 22.2% 20.0% 25.3% 10
1990s 18.2% 16.5% 20.8% 10
2000s 20.6% 18.6% 22.8% 10
2010s 19.5% 18.0% 22.3% 10
2020s 18.6% 18.2% 19.8% 6

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

  1. 29 Mongolia 33.9% compare
  2. 30 Congo 33.9% compare
  3. 31 Papua New Guinea 33.2% compare
  4. 32 Saudi Arabia 33.2% compare
  5. 33 Denmark 33.1% compare
  6. 34 Chad 33.1% compare
  7. 35 Iran 33.0% compare

See the full ranking of 231 places →

More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is gross domestic savings in Latin America & the Caribbean (IDA & IBRD countries)?
Gross domestic savings in Latin America & the Caribbean (IDA & IBRD countries) was 18.3% 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 & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 25.3% in 1989.
What is the lowest gross domestic savings recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 16.5% in 1996.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross domestic savings?
Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd out of 43 groups with data for 2025.
Is gross domestic savings rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is down 0.6%. 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 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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Gross domestic savings in Latin America & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-domestic-savings-percent-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Gross domestic savings (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 11,136 data points, 1960–2025
Last refreshed

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.