Adjusted savings: gross savings (% of GNI) - Country Ranking - Central America & the Caribbean
Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
Source: World Bank national accounts data files.
See also: Thematic map, Time series comparison
Rank | Country | Value | Year |
---|---|---|---|
1 | Panama | 32.07 | 2019 |
2 | The Bahamas | 30.01 | 2019 |
3 | Dominican Republic | 25.05 | 2019 |
4 | Honduras | 23.85 | 2019 |
5 | Nicaragua | 23.46 | 2019 |
6 | Jamaica | 23.00 | 2019 |
7 | Antigua and Barbuda | 20.20 | 2018 |
8 | El Salvador | 17.90 | 2019 |
9 | Guatemala | 17.20 | 2019 |
10 | Haiti | 16.02 | 2019 |
11 | Costa Rica | 15.10 | 2019 |
12 | Belize | 11.02 | 2019 |
13 | Barbados | 5.61 | 2016 |
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Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.
Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.
Aggregation method: Weighted average
Periodicity: Annual