Gross savings in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross savings was 17.1% in 2025. ▼ Falling
Gross savings in Latin America & Caribbean (excluding high income), 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2025, gross savings in Latin America & Caribbean (excluding high income) stood at 17.1%.
Compared with earlier readings it is down 1.3% on the previous year and down 0.5% over ten years.
Over the whole period, gross savings in Latin America & Caribbean (excluding high income) peaked at 26.8% in 1989 and was at its lowest, 16.7%, in 2018.
That places Latin America & Caribbean (excluding high income) 42nd out of 46 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Gross savings in Latin America & Caribbean (excluding high income), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 23.0% | — |
| 1977 | 22.6% | -2.0% |
| 1978 | 22.2% | -1.7% |
| 1979 | 21.2% | -4.5% |
| 1980 | 22.4% | +5.9% |
| 1981 | 21.8% | -2.9% |
| 1982 | 19.1% | -12.3% |
| 1983 | 18.1% | -5.3% |
| 1984 | 20.8% | +15.0% |
| 1985 | 23.1% | +10.9% |
| 1986 | 18.6% | -19.4% |
| 1987 | 21.8% | +17.0% |
| 1988 | 22.7% | +4.3% |
| 1989 | 26.8% | +17.9% |
| 1990 | 19.7% | -26.3% |
| 1991 | 22.2% | +12.5% |
| 1992 | 21.7% | -2.0% |
| 1993 | 22.3% | +2.6% |
| 1994 | 21.7% | -2.8% |
| 1995 | 20.7% | -4.7% |
| 1996 | 20.0% | -3.4% |
| 1997 | 20.4% | +2.0% |
| 1998 | 21.0% | +2.9% |
| 1999 | 21.8% | +4.2% |
| 2000 | 22.1% | +1.3% |
| 2001 | 22.5% | +1.5% |
| 2002 | 23.0% | +2.3% |
| 2003 | 22.5% | -1.9% |
| 2004 | 24.2% | +7.6% |
| 2005 | 23.8% | -1.7% |
| 2006 | 25.8% | +8.4% |
| 2007 | 26.4% | +2.1% |
| 2008 | 26.7% | +1.2% |
| 2009 | 25.6% | -4.2% |
| 2010 | 25.6% | +0.2% |
| 2011 | 24.1% | -6.0% |
| 2012 | 19.5% | -19.2% |
| 2013 | 18.5% | -5.1% |
| 2014 | 18.2% | -1.7% |
| 2015 | 17.2% | -5.2% |
| 2016 | 16.8% | -2.2% |
| 2017 | 16.7% | -0.7% |
| 2018 | 16.7% | -0.2% |
| 2019 | 17.1% | +2.2% |
| 2020 | 18.2% | +6.9% |
| 2021 | 19.7% | +8.1% |
| 2022 | 18.1% | -8.3% |
| 2023 | 17.8% | -1.2% |
| 2024 | 17.4% | -2.7% |
| 2025 | 17.1% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.2% | 21.2% | 23.0% | 4 |
| 1980s | 21.5% | 18.1% | 26.8% | 10 |
| 1990s | 21.1% | 19.7% | 22.3% | 10 |
| 2000s | 24.3% | 22.1% | 26.7% | 10 |
| 2010s | 19.0% | 16.7% | 25.6% | 10 |
| 2020s | 18.1% | 17.1% | 19.7% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 39 Samoa 30.1% compare
- 40 Nicaragua 30.0% compare
- 41 Congo, Democratic Republic of the 29.8% compare
- 42 Morocco 29.8% compare
- 43 Tajikistan 29.6% compare
- 44 Malta 29.6% compare
- 45 Uzbekistan 29.5% compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross savings in Latin America & Caribbean (excluding high income)?
- Gross savings in Latin America & Caribbean (excluding high income) was 17.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 26.8% in 1989.
- What is the lowest gross savings recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 16.7% in 2018.
- How does Latin America & Caribbean (excluding high income) rank for gross savings?
- Latin America & Caribbean (excluding high income) ranks 42nd out of 46 groups with data for 2025.
- Is gross savings rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) 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.