Barbados: Savings, percent of GDP
* indicates monthly or quarterly data series
| Barbados |
Savings as percent of GDP |
|---|---|
| Latest value | 4.96 |
| Year | 2017 |
| Measure | percent |
| Data availability | 1975 - 2017 |
| Average | 17.09 |
| Min - Max | 1.95 - 35.66 |
| Source | The World Bank |
The latest value from 2017 is 4.96 percent, an increase from 2.65 percent in 2016. In comparison, the world average is 22.40 percent, based on data from 156 countries. Historically, the average for Barbados from 1975 to 2017 is 17.09 percent. The minimum value, 1.95 percent, was reached in 2011 while the maximum of 35.66 percent was recorded in 1985.
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* indicates monthly or quarterly data series
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The savings in Barbados and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 13.10 | 2023 | percent |
| Share of manufacturing | 5.09 | 2022 | percent |
| Share of services | 72.35 | 2023 | percent |
| Industry value added | 0.84 | 2023 | billion U.S. dollars |
| Manufacturing value added | 0.30 | 2022 | billion U.S. dollars |
| Services value added | 4.63 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 4.96 | 2017 | percent |
| Savings, in dollars | 0.25 | 2017 | billion U.S. dollars |