Jamaica - Gross savings (% of GDP)
Gross savings (% of GDP) in Jamaica was 28.38 as of 2020. Its highest value over the past 44 years was 34.15 in 1993, while its lowest value was 6.20 in 2008.
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 |
|---|---|
| 1976 | 8.41 |
| 1977 | 12.26 |
| 1978 | 14.92 |
| 1979 | 16.15 |
| 1980 | 12.52 |
| 1981 | 11.41 |
| 1982 | 10.28 |
| 1983 | 14.00 |
| 1984 | 11.80 |
| 1985 | 13.06 |
| 1986 | 15.90 |
| 1987 | 16.26 |
| 1988 | 24.34 |
| 1989 | 21.28 |
| 1990 | 19.04 |
| 1991 | 18.41 |
| 1992 | 26.07 |
| 1993 | 34.15 |
| 1994 | 25.92 |
| 1995 | 23.75 |
| 1996 | 23.72 |
| 1997 | 21.85 |
| 1998 | 18.63 |
| 1999 | 18.65 |
| 2000 | 16.76 |
| 2001 | 17.36 |
| 2002 | 15.97 |
| 2003 | 17.87 |
| 2004 | 20.73 |
| 2005 | 15.03 |
| 2006 | 17.44 |
| 2007 | 15.55 |
| 2008 | 6.20 |
| 2009 | 12.95 |
| 2010 | 13.42 |
| 2011 | 8.58 |
| 2012 | 11.01 |
| 2013 | 11.94 |
| 2014 | 14.18 |
| 2015 | 18.23 |
| 2016 | 21.21 |
| 2017 | 21.56 |
| 2018 | 22.26 |
| 2019 | 22.71 |
| 2020 | 28.38 |
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
