Jamaica: Savings, percent of GDP
* indicates monthly or quarterly data series
| Jamaica |
Savings as percent of GDP |
|---|---|
| Latest value | 22.71 |
| Year | 2019 |
| Measure | percent |
| Data availability | 1976 - 2019 |
| Average | 17.13 |
| Min - Max | 6.20 - 34.15 |
| Source | The World Bank |
The latest value from 2019 is 22.71 percent, an increase from 22.26 percent in 2018. In comparison, the world average is 23.29 percent, based on data from 155 countries. Historically, the average for Jamaica from 1976 to 2019 is 17.13 percent. The minimum value, 6.2 percent, was reached in 2008 while the maximum of 34.15 percent was recorded in 1993.
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* indicates monthly or quarterly data series
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The savings in Jamaica 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 | 18.65 | 2023 | percent |
| Share of manufacturing | 7.95 | 2023 | percent |
| Share of services | 60.14 | 2023 | percent |
| Industry value added | 3.62 | 2023 | billion U.S. dollars |
| Manufacturing value added | 1.55 | 2023 | billion U.S. dollars |
| Services value added | 11.68 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 22.71 | 2019 | percent |
| Savings, in dollars | 3.59 | 2019 | billion U.S. dollars |