Gross savings in Latin America & Caribbean
Latin America & Caribbean: Gross savings was 16.5% in 2025. ▼ Falling
Gross savings in Latin America & Caribbean, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Latin America & Caribbean recorded 16.5% for gross savings in 2025.
That represents a change of down 2.2% on the previous year and down 6.4% over ten years.
Over the whole period, gross savings in Latin America & Caribbean peaked at 25.1% in 1989 and was at its lowest, 16.2%, in 2018.
That places Latin America & Caribbean 39th out of 42 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Gross savings in Latin America & Caribbean, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 21.1% | — |
| 1978 | 20.5% | -2.9% |
| 1979 | 20.3% | -1.0% |
| 1980 | 20.7% | +2.2% |
| 1981 | 20.0% | -3.8% |
| 1982 | 17.8% | -10.9% |
| 1983 | 17.3% | -2.4% |
| 1984 | 19.1% | +10.2% |
| 1985 | 21.0% | +9.8% |
| 1986 | 18.1% | -13.9% |
| 1987 | 21.4% | +18.6% |
| 1988 | 22.3% | +4.0% |
| 1989 | 25.1% | +12.7% |
| 1990 | 19.3% | -23.3% |
| 1991 | 22.0% | +14.2% |
| 1992 | 21.8% | -0.7% |
| 1993 | 22.5% | +3.0% |
| 1994 | 22.3% | -1.0% |
| 1995 | 21.2% | -4.8% |
| 1996 | 21.1% | -0.2% |
| 1997 | 21.0% | -0.6% |
| 1998 | 21.1% | +0.6% |
| 1999 | 20.6% | -2.7% |
| 2000 | 20.7% | +0.5% |
| 2001 | 20.3% | -2.0% |
| 2002 | 21.7% | +7.2% |
| 2003 | 22.1% | +1.7% |
| 2004 | 22.8% | +3.3% |
| 2005 | 22.5% | -1.6% |
| 2006 | 24.4% | +8.6% |
| 2007 | 24.9% | +2.1% |
| 2008 | 24.3% | -2.6% |
| 2009 | 22.6% | -7.0% |
| 2010 | 22.8% | +1.1% |
| 2011 | 23.0% | +0.9% |
| 2012 | 19.1% | -17.2% |
| 2013 | 18.3% | -3.8% |
| 2014 | 18.3% | -0.4% |
| 2015 | 17.6% | -3.6% |
| 2016 | 17.0% | -3.6% |
| 2017 | 16.7% | -1.7% |
| 2018 | 16.2% | -2.7% |
| 2019 | 16.4% | +1.2% |
| 2020 | 17.4% | +6.0% |
| 2021 | 18.7% | +7.5% |
| 2022 | 17.4% | -7.2% |
| 2023 | 17.2% | -1.0% |
| 2024 | 16.8% | -2.2% |
| 2025 | 16.5% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.6% | 20.3% | 21.1% | 3 |
| 1980s | 20.3% | 17.3% | 25.1% | 10 |
| 1990s | 21.3% | 19.3% | 22.5% | 10 |
| 2000s | 22.6% | 20.3% | 24.9% | 10 |
| 2010s | 18.5% | 16.2% | 23.0% | 10 |
| 2020s | 17.3% | 16.5% | 18.7% | 6 |
Countries ranked near Latin America & Caribbean
- 36 Sweden 30.6% compare
- 37 Papua New Guinea 30.4% compare
- 38 Benin 30.3% compare
- 39 Philippines 30.1% compare
- 40 Samoa 30.0% compare
- 41 Türkiye 29.9% compare
- 42 Uzbekistan 29.5% compare
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 gross savings in Latin America & Caribbean?
- Gross savings in Latin America & Caribbean was 16.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Latin America & Caribbean?
- The highest recorded value was 25.1% in 1989.
- What is the lowest gross savings recorded in Latin America & Caribbean?
- The lowest recorded value was 16.2% in 2018.
- How does Latin America & Caribbean rank for gross savings?
- Latin America & Caribbean ranks 39th out of 42 groups with data for 2025.
- Is gross savings rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 6.4%. 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 Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.