Barbados - Gross savings (current US$)

The latest value for Gross savings (current US$) in Barbados was $258,666,000 as of 2016. Over the past 30 years, the value for this indicator has fluctuated between $630,167,900 in 1989 and ($66,029,550) in 2011.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1986 $441,631,300
1987 $454,647,100
1988 $570,047,600
1989 $630,167,900
1990 $307,551,700
1991 $277,749,100
1992 $284,022,300
1993 $272,540,100
1994 $325,816,800
1995 $201,155,200
1996 $250,651,400
1997 $244,453,200
1998 $350,051,100
1999 $332,668,900
2000 $325,896,300
2001 $259,427,200
2002 $295,792,900
2003 $380,223,000
2004 $279,863,100
2005 $146,374,600
2006 $425,965,400
2007 $516,096,800
2008 $203,673,500
2009 $372,361,300
2010 $159,905,700
2011 ($66,029,550)
2012 $161,862,500
2013 $104,437,100
2014 $141,674,900
2015 $251,706,500
2016 $258,666,000

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts