Belize - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Belize was 11.02 as of 2019. Its highest value over the past 35 years was 52.29 in 1990, while its lowest value was 2.37 in 2003.

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:

Year Value
1984 48.50
1985 46.22
1986 50.19
1987 51.63
1988 48.69
1989 49.01
1990 52.29
1991 48.60
1992 18.63
1993 19.49
1994 14.73
1995 16.14
1996 12.51
1997 11.64
1998 9.14
1999 9.30
2000 14.52
2001 5.64
2002 4.06
2003 2.37
2004 3.96
2005 7.70
2006 16.55
2007 14.07
2008 16.47
2009 12.48
2010 11.20
2011 13.67
2012 12.97
2013 11.51
2014 12.21
2015 13.82
2016 10.30
2017 11.59
2018 9.45
2019 11.02

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts