Gross Savings (As % of GNI) rose to 30.1% in Guyana in 2016

Gross Savings (As % of GNI) (%)
Economy | Guyana | May 17, 2019
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Gross savings as a percentage of GNI reached 30.1 % in 2016 in Guyana, according to the National Statistical Office. This is 75.3 % more than in the previous year.

Historically, gross savings as a percentage of GNI in Guyana reached an all time high of 30.1 % in 2016 and an all time low of -13.7 % in 1983. When compared to Guyana's main peers, gross savings as a percentage of GNI in Brazil amounted to 13.7 % and 54.1 % in Suriname in 2016.

Guyana has been ranked 28th within the group of 156 countries we follow in terms of gross savings as a percentage of GNI, 62 places above the position seen 10 years ago.

Gross savings are calculated as gross national income less total consumption, plus net transfers.

Gross Savings (As % of GNI) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bolivia % 26.9% 27.3% 25.5% 21.9% 14.7%
Brazil % 19.1% 18.4% 18.6% 16.3% 14.6%
Colombia % 19.1% 19.0% 18.9% 18.3% 16.9%
Guyana % 9.57% 11.0% 1.70% 14.5% 17.2% ...
Peru % 25.6% 23.8% 23.1% 21.6% 20.7%
Puerto Rico % ... ... ... ... ... ... ... ... ...
Suriname % 66.9% 63.6% 60.6% 63.6% 49.9%
Trinidad and Tobago % 20.5% -0.141% 26.7% 14.4% 10.4% ... ...
Venezuela % 31.3% 26.3% 19.6% 9.04% ... ... ...