Jamaica - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Jamaica was 23.00 as of 2019. Its highest value over the past 43 years was 35.50 in 1993, while its lowest value was 6.50 in 2008.
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 |
|---|---|
| 1976 | 8.53 |
| 1977 | 12.23 |
| 1978 | 16.95 |
| 1979 | 16.01 |
| 1980 | 13.00 |
| 1981 | 11.54 |
| 1982 | 10.42 |
| 1983 | 11.01 |
| 1984 | 12.71 |
| 1985 | 15.73 |
| 1986 | 17.90 |
| 1987 | 18.05 |
| 1988 | 26.53 |
| 1989 | 23.08 |
| 1990 | 20.92 |
| 1991 | 21.09 |
| 1992 | 28.36 |
| 1993 | 35.50 |
| 1994 | 27.79 |
| 1995 | 25.16 |
| 1996 | 24.49 |
| 1997 | 22.55 |
| 1998 | 19.38 |
| 1999 | 19.46 |
| 2000 | 17.51 |
| 2001 | 18.24 |
| 2002 | 16.92 |
| 2003 | 19.13 |
| 2004 | 21.99 |
| 2005 | 15.98 |
| 2006 | 18.39 |
| 2007 | 16.43 |
| 2008 | 6.50 |
| 2009 | 13.71 |
| 2010 | 13.94 |
| 2011 | 8.90 |
| 2012 | 11.15 |
| 2013 | 12.22 |
| 2014 | 14.49 |
| 2015 | 18.81 |
| 2016 | 22.13 |
| 2017 | 22.18 |
| 2018 | 22.89 |
| 2019 | 23.00 |
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
