Gross savings in Guyana
Guyana: Gross savings was 17.9% in 2005. ◆ Volatile
Gross savings in Guyana, 1977–2005
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2005, gross savings in Guyana stood at 17.9%.
Compared with earlier readings it is down 10.9% on the previous year and down 16.5% over ten years.
Over the whole period, gross savings in Guyana peaked at 26.1% in 1996 and was at its lowest, -13.7%, in 1983.
Guyana ranks 118th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Guyana, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1977 | 7.1% | — |
| 1978 | 14.9% | +109.8% |
| 1979 | 16.8% | +13.0% |
| 1980 | 14.3% | -14.9% |
| 1981 | -3.3% | -123.1% |
| 1982 | -7.7% | +134.0% |
| 1983 | -13.7% | +77.2% |
| 1984 | 4.8% | -134.8% |
| 1985 | 6.7% | +41.4% |
| 1992 | 18.4% | +172.4% |
| 1993 | 21.7% | +18.4% |
| 1994 | 13.1% | -39.8% |
| 1995 | 21.5% | +64.1% |
| 1996 | 26.1% | +21.7% |
| 1997 | 19.5% | -25.3% |
| 1998 | 16.5% | -15.3% |
| 1999 | 14.1% | -14.9% |
| 2000 | 10.2% | -27.4% |
| 2001 | 7.2% | -29.2% |
| 2002 | 7.2% | -0.2% |
| 2003 | 11.9% | +64.2% |
| 2004 | 20.1% | +69.5% |
| 2005 | 17.9% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.9% | 7.1% | 16.8% | 3 |
| 1980s | 0.2% | -13.7% | 14.3% | 6 |
| 1990s | 18.9% | 13.1% | 26.1% | 8 |
| 2000s | 12.4% | 7.2% | 20.1% | 6 |
Countries ranked near Guyana
- 115 New Caledonia 18.3%
- 116 Madagascar 18.0% compare
- 117 Cote d'Ivoire 17.9%
- 119 Niger 17.8% compare
- 120 Poland 17.7% compare
- 121 Bulgaria 17.6% compare
More economy & growth data for Guyana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 11.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 11.93 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 21.34 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.9565 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 31,005 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 21.34 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 209.26 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 6.78 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 12.82 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.1485 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Guyana?
- Gross savings in Guyana was 17.9% in 2005, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Guyana?
- The highest recorded value was 26.1% in 1996.
- What is the lowest gross savings recorded in Guyana?
- The lowest recorded value was -13.7% in 1983.
- How does Guyana rank for gross savings?
- Guyana ranks 118th out of 177 countries with data for 2005.
- Is gross savings rising or falling in Guyana?
- Over the last ten years it is down 16.5%. The long-run trend across the full record is volatile.
- Where does this Guyana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GNI). 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 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.