Gross national savings — all countries

Gross national savings — Guyana

Gross national savings in Guyana in 2005 — 17.5%. Ranked 102 in the world out of 148. Since 1977, the indicator has risen by 10.8 pp.

2005 17.5% −1.8 pp vs 2004
World rank 102of 148
Period maximum 24.2%1996
Period minimum -11.8%1983

Trend over time

1977–2005 · % of GDP

Gross national savings — Guyana, 1977–2005-20-10010203019771980198319861989199219951998200120041977: 6.7%1978: 14.1%1979: 15.8%1980: 13.3%1981: -2.9%1982: -6.7%1983: -11.8%1984: 4%1985: 5.7%1992: 12.9%1993: 17.3%1994: 11.1%1995: 18.5%1996: 24.2%1997: 17.6%1998: 15.2%1999: 12.7%2000: 9.6%2001: 6.7%2002: 6.7%2003: 11.2%2004: 19.3%2005: 17.5%
Change over the period: +10.8 pp Annual average: 0.39 pp

Comparison, 2005

How the value compares with the world and the groups this territory belongs to: Guyana

Guyana 17.5%
World 27.1%
South America computed 25.4%
High-income countries computed 22.9%
Gross national savings — Guyana, by year Guyana All countries CSV XLSX
Year % Change, pp
2005 17.5 −1.8 pp
2004 19.3 +8.1 pp
2003 11.2 +4.5 pp
2002 6.7 −0 pp
2001 6.7 −2.9 pp
2000 9.6 −3.1 pp
1999 12.7 −2.6 pp
1998 15.2 −2.4 pp
1997 17.6 −6.6 pp
1996 24.2 +5.7 pp
1995 18.5 +7.4 pp
1994 11.1 −6.3 pp
1993 17.3 +4.4 pp
1992 12.9
1985 5.7 +1.8 pp
1984 4 +15.7 pp
1983 -11.8 −5 pp
1982 -6.7 −3.8 pp
1981 -2.9 −16.3 pp
1980 13.3 −2.5 pp
1979 15.8 +1.7 pp
1978 14.1 +7.5 pp
1977 6.7

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.