The Bahamas - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in The Bahamas was 30.01 as of 2019. Its highest value over the past 42 years was 34.40 in 1999, while its lowest value was 10.89 in 1979.

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
1977 17.94
1978 11.38
1979 10.89
1980 17.53
1981 14.76
1982 21.52
1983 23.32
1984 14.92
1985 18.45
1986 18.32
1987 18.76
1989 20.70
1990 20.13
1991 15.40
1992 19.92
1993 17.80
1994 17.14
1995 28.08
1996 32.31
1997 29.53
1998 28.37
1999 34.40
2000 33.26
2001 29.45
2002 32.80
2003 31.75
2004 33.22
2005 30.40
2006 27.18
2007 28.41
2008 26.91
2009 25.83
2010 24.22
2011 21.44
2012 22.64
2013 23.59
2014 21.13
2015 22.61
2016 26.61
2017 20.23
2018 19.04
2019 30.01

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