Gross savings in Latin America & Caribbean
Latin America & Caribbean: Gross savings was 17.5% in 2025. ▼ Falling
Gross savings in Latin America & Caribbean, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2025, gross savings in Latin America & Caribbean stood at 17.5%.
The figure is down 2.0% on the previous year and down 1.2% over ten years.
Over the whole period, gross savings in Latin America & Caribbean peaked at 26.6% in 2008 and was at its lowest, 17.1%, in 2018.
That places Latin America & Caribbean 40th out of 46 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 GNI | Change |
|---|---|---|
| 1977 | 22.1% | — |
| 1978 | 21.8% | -1.5% |
| 1979 | 20.9% | -4.4% |
| 1980 | 21.9% | +5.1% |
| 1981 | 21.2% | -3.4% |
| 1982 | 18.7% | -11.7% |
| 1983 | 17.8% | -4.9% |
| 1984 | 20.3% | +14.4% |
| 1985 | 22.6% | +10.9% |
| 1986 | 18.5% | -18.1% |
| 1987 | 21.7% | +17.3% |
| 1988 | 22.7% | +4.6% |
| 1989 | 26.4% | +16.6% |
| 1990 | 19.8% | -24.9% |
| 1991 | 22.1% | +11.2% |
| 1992 | 21.7% | -1.8% |
| 1993 | 22.2% | +2.3% |
| 1994 | 21.6% | -2.5% |
| 1995 | 20.8% | -3.7% |
| 1996 | 20.2% | -3.0% |
| 1997 | 20.5% | +1.8% |
| 1998 | 21.0% | +2.3% |
| 1999 | 21.8% | +3.6% |
| 2000 | 22.1% | +1.4% |
| 2001 | 22.4% | +1.4% |
| 2002 | 22.9% | +2.3% |
| 2003 | 22.5% | -1.6% |
| 2004 | 24.2% | +7.5% |
| 2005 | 23.9% | -1.5% |
| 2006 | 25.9% | +8.6% |
| 2007 | 26.5% | +2.0% |
| 2008 | 26.6% | +0.4% |
| 2009 | 25.5% | -4.0% |
| 2010 | 25.6% | +0.2% |
| 2011 | 24.0% | -6.3% |
| 2012 | 19.7% | -17.8% |
| 2013 | 18.8% | -4.7% |
| 2014 | 18.4% | -1.9% |
| 2015 | 17.7% | -3.8% |
| 2016 | 17.3% | -2.0% |
| 2017 | 17.1% | -1.2% |
| 2018 | 17.1% | -0.3% |
| 2019 | 17.4% | +2.1% |
| 2020 | 18.4% | +5.4% |
| 2021 | 19.6% | +6.8% |
| 2022 | 18.2% | -7.0% |
| 2023 | 18.2% | -0.3% |
| 2024 | 17.8% | -2.0% |
| 2025 | 17.5% | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.6% | 20.9% | 22.1% | 3 |
| 1980s | 21.2% | 17.8% | 26.4% | 10 |
| 1990s | 21.2% | 19.8% | 22.2% | 10 |
| 2000s | 24.2% | 22.1% | 26.6% | 10 |
| 2010s | 19.3% | 17.1% | 25.6% | 10 |
| 2020s | 18.3% | 17.5% | 19.6% | 6 |
Countries ranked near Latin America & Caribbean
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 17.5% 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 26.6% in 2008.
- What is the lowest gross savings recorded in Latin America & Caribbean?
- The lowest recorded value was 17.1% in 2018.
- How does Latin America & Caribbean rank for gross savings?
- Latin America & Caribbean ranks 40th out of 46 groups with data for 2025.
- Is gross savings rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 1.2%. 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 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.