Jamaica - Gross savings (current US$)

The latest value for Gross savings (current US$) in Jamaica was $3,920,014,000 as of 2020. Over the past 44 years, the value for this indicator has fluctuated between $3,920,014,000 in 2020 and $249,357,800 in 1976.

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
1976 $249,357,800
1977 $398,306,600
1978 $394,658,100
1979 $391,558,300
1980 $335,453,000
1981 $340,026,800
1982 $338,492,700
1983 $506,876,000
1984 $279,967,200
1985 $274,310,800
1986 $437,950,400
1987 $534,517,300
1988 $931,962,800
1989 $937,323,600
1990 $874,448,500
1991 $755,781,500
1992 $921,864,700
1993 $1,857,922,000
1994 $1,413,471,000
1995 $1,562,288,000
1996 $1,754,168,000
1997 $1,835,534,000
1998 $1,637,246,000
1999 $1,657,174,000
2000 $1,509,222,000
2001 $1,596,304,000
2002 $1,552,136,000
2003 $1,685,557,000
2004 $2,108,797,000
2005 $1,689,419,000
2006 $2,080,178,000
2007 $1,990,654,000
2008 $849,408,500
2009 $1,569,910,000
2010 $1,774,090,000
2011 $1,239,912,000
2012 $1,629,609,000
2013 $1,703,333,000
2014 $1,970,784,000
2015 $2,586,875,000
2016 $2,985,304,000
2017 $3,192,775,000
2018 $3,501,730,000
2019 $3,594,575,000
2020 $3,920,014,000

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