Barbados - Gross savings (% of GDP)

Gross savings (% of GDP) in Barbados was 5.36 as of 2016. Its highest value over the past 30 years was 31.45 in 1988, while its lowest value was -1.42 in 2011.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

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

See also:

Year Value
1986 28.53
1987 26.68
1988 31.45
1989 31.41
1990 15.28
1991 13.75
1992 14.51
1993 13.21
1994 15.14
1995 9.07
1996 10.60
1997 9.78
1998 12.43
1999 11.27
2000 10.65
2001 8.49
2002 9.52
2003 11.85
2004 8.12
2005 3.83
2006 10.10
2007 11.04
2008 4.26
2009 8.34
2010 3.53
2011 -1.42
2012 3.51
2013 2.23
2014 3.02
2015 5.34
2016 5.36

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts